Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,645,000 元
Income Tax
- 716,355 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 723,144 元
Net pay
* 921,856 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
921,856 元
Net pay
11,545 元
Tax the employer pays
723,144 元
Tax you pay
Total tax paid
734,689 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 1,645,000 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
44.4%
So, with you and the employer both paying tax, what used to be a 44% tax rate now rises to 44.4%, meaning your real tax rate is actually 0.4% higher than what it seemed at first.
Summary
If you make 19,740,000 元 a year living in the region of Beijing, China, you will be taxed 8,677,729 元. That means that your net pay will be 11,062,271 元 per year, or 921,856 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 11069775
43.9%
1
Beijing
CNY 11062271
44.0%
2
Guangzhou
CNY 11061492
44.0%
3
North America
Country 
Net pay
Average tax
Rank
USA
CNY 10774887
45.4%
1
Canada
CNY 9342218
52.7%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 17477107
11.5%
1
Brazil
CNY 14315555
27.5%
2
Costa Rica
CNY 13332332
32.5%
3
Panama
CNY 13224496
33.0%
4
Mexico
CNY 12865840
34.8%
5
Argentina
CNY 12830950
35.0%
6
Puerto Rico
CNY 12802998
35.1%
7
Colombia
CNY 12211272
38.1%
8
Uruguay
CNY 12186448
38.3%
9
Peru
CNY 12147682
38.5%
10
Chile
CNY 12020226
39.1%
11
Ecuador
CNY 11359527
42.5%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 14362101
27.2%
1
Kenya
CNY 13821658
30.0%
2
Ivory Coast
CNY 13460492
31.8%
3
Nigeria
CNY 13428045
32.0%
4
Ghana
CNY 13065210
33.8%
5
Mozambique
CNY 12846965
34.9%
6
Zambia
CNY 12142208
38.5%
7
Cameroon
CNY 12027596
39.1%
8
Morocco
CNY 11978515
39.3%
9
Senegal
CNY 11852257
40.0%
10
South Africa
CNY 10928824
44.6%
11
Uganda
CNY 10882791
44.9%
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.