Name: China Corporate Tax Rate
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: China,Corporate Tax Rate,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Corporate Tax Rate in China remained unchanged at 25 percent in 2021 from 25 percent in 2020. source: State Administration of Taxation

Corporate Tax Rate in China averaged 28.52 percent from 1997 until 2021, reaching an all time high of 33 percent in 1998 and a record low of 25 percent in 2008. This page provides - China Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Corporate Tax Rate - values, historical data and charts - was last updated on July of 2022.

Corporate Tax Rate in China is expected to reach 25.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Corporate Tax Rate is projected to trend around 25.00 percent in 2022, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Corporate Tax Rate	25.00	25.00	percent	Dec 2021
Personal Income Tax Rate	45.00	45.00	percent	Dec 2021
Sales Tax Rate	13.00	13.00	percent	Dec 2021
Social Security Rate	39.02	39.02	percent	Dec 2021
Social Security Rate For Companies	28.52	28.52	percent	Dec 2021
Social Security Rate For Employees	10.50	10.50	percent	Dec 2021

China Corporate Tax Rate

In China, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of China.