Applicable tax rates for personal income tax:

Personal income tax stipulates three different tax rates based on different tax items:

1. Comprehensive income (salary) , salary income, labor remuneration income, author remuneration income, royalties income), the 7-level excess progressive tax rate is applicable, and the tax is calculated based on the monthly taxable income. The tax rate is divided into levels according to the individual's monthly salary and salary taxable income. The highest level is 45%, the lowest level is 3%, and the final level is 7.

2. Business income is subject to five levels of excess progressive tax rates. The production and operating income of individual industrial and commercial households, which are calculated on an annual basis and taxes are paid in advance on a monthly basis, and the annual taxable income from contracted operations and leasing operations of enterprises and institutions are applicable. The lowest level is 5%, and the highest level is 5%. Level one is 35%, ***level 5.

3. Proportional tax rate. Individual income from interest, dividends, bonuses, income from property leasing, income from property transfer, incidental income and other income are levied on a case-by-case basis, with a 20% proportional tax rate applicable.

Tax rate table: extended information

Calculation method

Taxable income = monthly income - 5,000 yuan (threshold) - special deductions (three insurances and one (money, etc.) - special additional deductions - other deductions determined in accordance with the law.

Personal income tax content:

1. Income from wages and salaries

Income from wages and salaries refers to the wages an individual receives from his or her employment. , salaries, bonuses, year-end salary increases, labor dividends, allowances, subsidies and other income related to office or employment.

This means that any income obtained by an individual, as long as it is related to his or her position or employment, regardless of the source of capital expenditure of the unit or paid in the form of cash, kind, securities, etc., is salary, wages, etc. Salary income items are taxable.

2. Income from labor remuneration

Income from labor remuneration refers to individuals engaged in design, decoration, installation, drawing, laboratory testing, medical treatment, law, accounting, consulting, lecturing, and news , broadcasting, translation, review, calligraphy and painting, engraving, film and television, audio and video recording, performances, performances, advertising, exhibitions, technical services, introduction services, economic services, agency services and other services.

3. Income from royalties

Income from royalties refers to the income an individual receives from the publication or publication of his works in the form of books or newspapers. The "works" mentioned here refer to works including Chinese and foreign texts, pictures, music scores, etc. that can be published and published in the form of books, newspapers and periodicals; "personal works" include my own writings, translated works, etc. If an individual receives remuneration for a posthumous work, tax shall be calculated based on the income item of the remuneration.

4. Income from royalties

Income from royalties refers to the right to use patents, copyrights, trademarks, non-patented technologies and other franchises obtained by individuals. of income. Income from providing the right to use a copyright does not include income from royalties. The income obtained by the author from the public auction (bidding) of the original or copy of the manuscript of his written work shall be taxed as a royalty income item.

5. Business income

Includes income from production and business operations of individual industrial and commercial households and income from contracting and leasing operations of enterprises and institutions.

Income from production and business operations of individual industrial and commercial households includes four aspects:

(1) Urban and rural individual industrial and commercial households that have been approved by the industrial and commercial administration department to open business and obtain a business license are engaged in industry, Income from production and operations in handicrafts, construction, transportation, commerce, catering, service, repair and other industries.

(2) Income obtained by individuals who have obtained business licenses with approval from relevant government departments and engaged in running schools, medical care, consulting and other paid service activities.

(3) Income obtained by other individuals from engaging in individual industrial and commercial production and operations, that is, income obtained by individuals temporarily engaging in production and operation activities.

(4) Various taxable income related to production and operation obtained by the above-mentioned individual industrial and commercial households and individuals.

Income from contracted operations and leasing operations of enterprises and institutions refers to the income obtained from individual contracted operations, leasing operations, subcontracting, and subletting, including wages and salaries obtained by individuals on a monthly or per-time basis. of income.

6. Interest, dividends, and bonus income

Interest, dividends, and bonus income refer to the interest, dividend, and bonus income obtained by individuals from owning debts and equity. Interest refers to personal deposit interest, loan interest and interest on various bond purchases. Dividends, also known as dividends, refer to the investment benefits that stock holders receive from a joint-stock company on a regular basis based on their stocks according to the articles of association of the joint-stock company.

Dividends, also known as company (enterprise) dividends, refer to the portion of profits that a joint-stock company or enterprise distributes on a per-share basis in excess of dividends based on the profits that should be distributed. When a joint-stock enterprise pays dividends to individual shareholders in the form of stocks, or dividends, that is, bonus shares, the income tax shall be calculated based on the face value of the stocks distributed.

7. Income from property leasing

Income from property leasing refers to the income obtained by individuals from leasing buildings, land use rights, machinery, equipment, vehicles, and other properties. Property includes movable and immovable property.

8. Income from property transfer

Income from property transfer refers to the transfer of securities, equity, buildings, land use rights, machinery and equipment, vehicles and ships and other self-owned property by individuals to Income obtained from another person or entity, including income obtained from the transfer of real estate and movable property. There is no tax for the time being on income derived from individual stock trading.

Baidu Encyclopedia--Personal Income Tax Rate Table

Baidu Encyclopedia--Personal Income Tax