[Contributing authors: Oracle Asia Pacific Payroll Development]
12.1 : Patch 29335551:R12.PAY.B
12.2 : Patch 29335551:R12.PAY.C
People's Republic of China : Individual Income Tax updates effective 2019 - II
Effective from 1st January 2019, the individual income tax for China is calculated using the accumulative withholding method.
This patch delivers the updates to the income tax calculations in the following areas:
1. Fixed Tax Reduction
2. Severance payments
3. Employee transfers
4. Payslip updates
Please note that this patch includes the patch 29170208 for the individual income tax updates and annual bonus calculations effective 2019.
Please see the following README on My Oracle Support for full details:
Document 2506078.1 – People's Republic of China : Individual Income Tax updates effective 2019 - II
Note:The functional readme listed above do not contain detailed patch installation instructions.
Please refer to the patch readme's available in the patch download area on My Oracle Support for the patch installation instructions.
HRMS Mandatory & Recommended Patch Information for Asia Pacific:
For the complete R12.1.x HRMS Mandatory Patch List, see My Oracle Support Knowledge Document 874563.1
For the complete R12.2.x HRMS Mandatory Patch List, see My Oracle Support Knowledge Document 1670198.1
If you experience any issues with this patch, please log a Service request on My Oracle Support, product: Oracle HRMS (China)