Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,260,000 元
Income Tax
- 543,105 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 549,894 元
Net pay
* 710,106 元
Marginal tax rate
45.0%
Average tax rate
43.6%
56.4%
Net pay
43.6%
Total tax
Total tax
Net pay
The Taxberg
710,106 元
Net pay
11,545 元
Tax the employer pays
549,894 元
Tax you pay
Total tax paid
561,439 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 1,260,000 元. In other words, every time you spend 10 元 of your hard-earned money, 4.46 元 goes to the government.
Real tax rate
44.2%
So, with you and the employer both paying tax, what used to be a 43.6% tax rate now rises to 44.2%, meaning your real tax rate is actually 0.6% higher than what it seemed at first.
Summary
If you make 15,120,000 元 a year living in the region of Beijing, China, you will be taxed 6,598,729 元. That means that your net pay will be 8,521,271 元 per year, or 710,106 元 per month. Your average tax rate is 43.6% and your marginal tax rate is 45.0%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of 100 元 in your salary will be taxed 45 元, hence, your net pay will only increase by 55 元.
Bonus Example
A 1,000 元 bonus will generate an extra 550 元 of net incomes. A 5,000 元 bonus will generate an extra 2,750 元 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Beijing
CNY 8521271
43.6%
1
Guangzhou
CNY 8520492
43.6%
2
Shanghai
CNY 8528775
43.6%
3
North America
Country 
Net pay
Average tax
Rank
USA
CNY 8312427
45.0%
1
Canada
CNY 7195285
52.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 13558861
10.3%
1
Hong Kong
CNY 12573316
16.8%
2
Singapore
CNY 11855498
21.6%
3
Indonesia
CNY 10247972
32.2%
4
Thailand
CNY 9927621
34.3%
5
Pakistan
CNY 9860297
34.8%
6
Vietnam
CNY 9839856
34.9%
7
Philippines
CNY 9437842
37.6%
8
New Zealand
CNY 9300152
38.5%
9
Taiwan
CNY 9254099
38.8%
10
Malaysia
CNY 9061113
40.1%
11
China
CNY 8521271
43.6%
12
Japan
CNY 8339551
44.8%
13
Australia
CNY 8152460
46.1%
14
South Korea
CNY 8104436
46.4%
15
India
CNY 3316502
78.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 13388033
11.5%
1
Brazil
CNY 10966055
27.5%
2
Costa Rica
CNY 10231157
32.3%
3
Panama
CNY 10140646
32.9%
4
Mexico
CNY 9862840
34.8%
5
Argentina
CNY 9827950
35.0%
6
Puerto Rico
CNY 9816168
35.1%
7
Colombia
CNY 9393183
37.9%
8
Uruguay
CNY 9380445
38.0%
9
Peru
CNY 9317932
38.4%
10
Chile
CNY 9248226
38.8%
11
Ecuador
CNY 8723979
42.3%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 11001051
27.2%
1
Kenya
CNY 10587658
30.0%
2
Ivory Coast
CNY 10308151
31.8%
3
Nigeria
CNY 10285521
32.0%
4
Ghana
CNY 10009080
33.8%
5
Mozambique
CNY 9843965
34.9%
6
Zambia
CNY 9300908
38.5%
7
Cameroon
CNY 9214709
39.1%
8
Morocco
CNY 9178851
39.3%
9
Senegal
CNY 9080257
40.0%
10
South Africa
CNY 8387824
44.5%
11
Uganda
CNY 8341791
44.8%
12
Show more
NOTE* Withholding is calculated based on the Beijing tables of China, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.