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» China Company and Representative Office» Taxation |
Individaul income tax rate
Individaul Income Tax (IIT) Rate | Bands | Monthly taxable income | Tax Rate (R%) | Short cut deduction (A) | | 1 | RMB 500 and less | 5 | 0 | | 2 | RMB 500 ~ 2,000 (include 2,000) | 10 | 25 | | 3 | RMB 2,000 ~ 5,000 (include 5,000) | 15 | 125 | | 4 | RMB 5,000 ~ 20,000 (include 20,000) | 20 | 375 | | 5 | RMB 20,000 ~ 40,000 (include 40,000) | 25 | 1375 | | 6 | RMB 40,000 ~ 60,000 (include 60,000) | 30 | 3375 | | 7 | RMB 60,000 ~ 80,000 (include 80,000) | 35 | 6375 | | 8 | RMB 80,000 ~ 100,000 (include 100,000) | 40 | 10375 | | 9 | Above RMB 100,000 | 45 | 15375 | Individaul Income Tax (IIT) calculation - Monthly taxable income x R% - A
| | Monthly taxable income | | non Chinese | Salary - 4800 | | Chinese | Salary - 2000 | | | | | | | It is non-taxable if income is lower than RMB 4,800 for non-Chinese, and RMB 2,000 for Chinese. | | | | | |
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