Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,640,000 元
Income Tax
- 714,105 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 720,894 元
Net pay
* 919,106 元
Marginal tax rate
45.0%
Average tax rate
44.0%
56.0%
Net pay
44.0%
Total tax
Total tax
Net pay
The Taxberg
919,106 元
Net pay
11,545 元
Tax the employer pays
720,894 元
Tax you pay
Total tax paid
732,439 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 1,640,000 元. In other words, every time you spend 10 元 of your hard-earned money, 4.47 元 goes to the government.
Real tax rate
44.3%
So, with you and the employer both paying tax, what used to be a 44% tax rate now rises to 44.3%, meaning your real tax rate is actually 0.3% higher than what it seemed at first.
Summary
If you make 19,680,000 元 a year living in the region of Beijing, China, you will be taxed 8,650,729 元. That means that your net pay will be 11,029,271 元 per year, or 919,106 元 per month. Your average tax rate is 44.0% 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
Shanghai
CNY 11036775
43.9%
1
Beijing
CNY 11029271
44.0%
2
Guangzhou
CNY 11028492
44.0%
3
North America
Country 
Net pay
Average tax
Rank
USA
CNY 10742907
45.4%
1
Canada
CNY 9314335
52.7%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 17424002
11.5%
1
Brazil
CNY 14272055
27.5%
2
Costa Rica
CNY 13292057
32.5%
3
Panama
CNY 13184446
33.0%
4
Mexico
CNY 12826840
34.8%
5
Argentina
CNY 12791950
35.0%
6
Puerto Rico
CNY 12764208
35.1%
7
Colombia
CNY 12174674
38.1%
8
Uruguay
CNY 12150006
38.3%
9
Peru
CNY 12110932
38.5%
10
Chile
CNY 11984226
39.1%
11
Ecuador
CNY 11325299
42.5%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Kuwait
CNY 19603379
0.4%
1
Saudi Arabia
CNY 19576000
0.5%
2
Bahrain
CNY 19418708
1.3%
3
United Arab Emirates
CNY 18696000
5.0%
4
Qatar
CNY 18696000
5.0%
5
Oman
CNY 18105600
8.0%
6
Egypt
CNY 14761995
25.0%
7
Lebanon
CNY 14761366
25.0%
8
Turkey
CNY 11463212
41.8%
9
Israel
CNY 10016867
49.1%
10
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.