Personal Income Tax Rate in China remained unchanged at 45 percent in 2020 from 45 percent in 2019. source: State Administration of Taxation

Personal Income Tax Rate in China is expected to reach 45.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Personal Income Tax Rate is projected to trend around 45.00 percent in 2022, according to our econometric models.

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China Personal Income Tax Rate



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 Personal Income Tax Rate
In China, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of China.
Actual Previous Highest Lowest Dates Unit Frequency
45.00 45.00 45.00 45.00 2003 - 2021 percent Yearly