Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,420,000 元
Income Tax
- 615,105 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 621,894 元
Net pay
* 798,106 元
Marginal tax rate
45.0%
Average tax rate
43.8%
56.2%
Net pay
43.8%
Total tax
Total tax
Net pay
Summary
If you make 17,040,000 元 a year living in the region of Beijing, China, you will be taxed 7,462,729 元. That means that your net pay will be 9,577,271 元 per year, or 798,106 元 per month. Your average tax rate is 43.8% 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
North America
Country 
Net pay
Average tax
Rank
USA
CNY 9335787
45.2%
1
Canada
CNY 8087517
52.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 15286861
10.3%
1
Hong Kong
CNY 14166916
16.9%
2
Singapore
CNY 13353098
21.6%
3
Indonesia
CNY 11545892
32.2%
4
Thailand
CNY 11175621
34.4%
5
Pakistan
CNY 11108297
34.8%
6
Vietnam
CNY 11087856
34.9%
7
Philippines
CNY 10629842
37.6%
8
New Zealand
CNY 10471352
38.6%
9
Taiwan
CNY 10406099
38.9%
10
Malaysia
CNY 10193894
40.2%
11
China
CNY 9577271
43.8%
12
Japan
CNY 9374293
45.0%
13
Australia
CNY 9170060
46.2%
14
South Korea
CNY 9105306
46.6%
15
India
CNY 3537437
79.2%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 15087389
11.5%
1
Brazil
CNY 12358055
27.5%
2
Costa Rica
CNY 11519957
32.4%
3
Panama
CNY 11422246
33.0%
4
Mexico
CNY 11110840
34.8%
5
Argentina
CNY 11075950
35.0%
6
Puerto Rico
CNY 11057448
35.1%
7
Colombia
CNY 10564337
38.0%
8
Uruguay
CNY 10546576
38.1%
9
Peru
CNY 10493932
38.4%
10
Chile
CNY 10400226
39.0%
11
Ecuador
CNY 9819272
42.4%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 12397851
27.2%
1
Kenya
CNY 11931658
30.0%
2
Ivory Coast
CNY 11618215
31.8%
3
Nigeria
CNY 11591505
32.0%
4
Ghana
CNY 11279160
33.8%
5
Mozambique
CNY 11091965
34.9%
6
Zambia
CNY 10481708
38.5%
7
Cameroon
CNY 10383701
39.1%
8
Morocco
CNY 10342348
39.3%
9
Senegal
CNY 10232257
40.0%
10
South Africa
CNY 9443824
44.6%
11
Uganda
CNY 9397791
44.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
CNY 16963379
0.5%
1
Saudi Arabia
CNY 16936000
0.6%
2
Bahrain
CNY 16805108
1.4%
3
United Arab Emirates
CNY 16188000
5.0%
4
Qatar
CNY 16188000
5.0%
5
Oman
CNY 15676800
8.0%
6
Egypt
CNY 12781995
25.0%
7
Lebanon
CNY 12781366
25.0%
8
Turkey
CNY 9925650
41.8%
9
Israel
CNY 8696867
49.0%
10
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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.