Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
845,000 元
Income Tax
- 356,355 元
Housing Fund
- 3,826 元
Pension
- 2,258 元
Medical Insurance
- 564 元
Unemployment
- 141 元
Total tax
- 363,144 元
Net pay
* 481,856 元
Marginal tax rate
45.0%
Average tax rate
43.0%
57.0%
Net pay
43.0%
Total tax
Total tax
Net pay
The Taxberg
481,856 元
Net pay
11,545 元
Tax the employer pays
363,144 元
Tax you pay
Total tax paid
374,689 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 845,000 元. In other words, every time you spend 10 元 of your hard-earned money, 4.43 元 goes to the government.
Real tax rate
43.7%
So, with you and the employer both paying tax, what used to be a 43% tax rate now rises to 43.7%, meaning your real tax rate is actually 0.7% higher than what it seemed at first.
Summary
If you make 10,140,000 元 a year living in the region of Beijing, China, you will be taxed 4,357,729 元. That means that your net pay will be 5,782,271 元 per year, or 481,856 元 per month. Your average tax rate is 43.0% 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.
Tax per region
Region
Net pay
Average tax
Rank
Shanghai
CNY 5789775
42.9%
1
Beijing
CNY 5782271
43.0%
2
Guangzhou
CNY 5781492
43.0%
3
North America
Country 
Net pay
Average tax
Rank
USA
CNY 5658087
44.2%
1
Canada
CNY 4881059
51.9%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 8980330
11.4%
1
Brazil
CNY 7355555
27.5%
2
Costa Rica
CNY 6888332
32.1%
3
Panama
CNY 6816496
32.8%
4
Mexico
CNY 6625840
34.7%
5
Puerto Rico
CNY 6596598
34.9%
6
Argentina
CNY 6590950
35.0%
7
Colombia
CNY 6355503
37.3%
8
Uruguay
CNY 6355792
37.3%
9
Peru
CNY 6267682
38.2%
10
Chile
CNY 6260226
38.3%
11
Ecuador
CNY 5883063
42.0%
12
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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.