Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,270,000 元
Income Tax
- 547,552 元
Housing Fund
- 4,329 元
Pension
- 1,835 元
Medical Insurance
- 676 元
Unemployment
- 67.57 元
Total tax
- 554,459 元
Net pay
* 715,541 元
Marginal tax rate
45.0%
Average tax rate
43.7%
56.3%
Net pay
43.7%
Total tax
Total tax
Net pay
The Taxberg
715,541 元
Net pay
10,010 元
Tax the employer pays
554,459 元
Tax you pay
Total tax paid
564,469 元
Did you know your employer also pays tax on your salary? It costs the employer 10,010 元 to pay you 1,270,000 元. In other words, every time you spend 10 元 of your hard-earned money, 4.44 元 goes to the government.
Real tax rate
44.1%
So, with you and the employer both paying tax, what used to be a 43.7% tax rate now rises to 44.1%, meaning your real tax rate is actually 0.4% higher than what it seemed at first.
Summary
If you make 15,240,000 元 a year living in the region of Guangzhou, China, you will be taxed 6,653,508 元. That means that your net pay will be 8,586,492 元 per year, or 715,541 元 per month. Your average tax rate is 43.7% 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 8594775
43.6%
1
Beijing
CNY 8587271
43.7%
2
Guangzhou
CNY 8586492
43.7%
3
North America
Country 
Net pay
Average tax
Rank
USA
CNY 8376387
45.0%
1
Canada
CNY 7251050
52.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 13666861
10.3%
1
Hong Kong
CNY 12672916
16.8%
2
Singapore
CNY 11949098
21.6%
3
Indonesia
CNY 10329092
32.2%
4
Thailand
CNY 10005621
34.4%
5
Pakistan
CNY 9938297
34.8%
6
Vietnam
CNY 9917856
34.9%
7
Philippines
CNY 9512342
37.6%
8
New Zealand
CNY 9373352
38.5%
9
Taiwan
CNY 9326099
38.8%
10
Malaysia
CNY 9131912
40.1%
11
China
CNY 8587271
43.7%
12
Japan
CNY 8404222
44.9%
13
Australia
CNY 8216060
46.1%
14
South Korea
CNY 8166990
46.4%
15
India
CNY 3330311
78.2%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 13494243
11.5%
1
Brazil
CNY 11053055
27.5%
2
Costa Rica
CNY 10311707
32.3%
3
Panama
CNY 10220746
32.9%
4
Mexico
CNY 9940840
34.8%
5
Argentina
CNY 9905950
35.0%
6
Puerto Rico
CNY 9893748
35.1%
7
Colombia
CNY 9466380
37.9%
8
Uruguay
CNY 9453328
38.0%
9
Peru
CNY 9391432
38.4%
10
Chile
CNY 9320226
38.8%
11
Ecuador
CNY 8792435
42.3%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 11088351
27.2%
1
Kenya
CNY 10671658
30.0%
2
Ivory Coast
CNY 10390030
31.8%
3
Nigeria
CNY 10367145
32.0%
4
Ghana
CNY 10088460
33.8%
5
Mozambique
CNY 9921965
34.9%
6
Zambia
CNY 9374708
38.5%
7
Cameroon
CNY 9287771
39.1%
8
Morocco
CNY 9251569
39.3%
9
Senegal
CNY 9152257
40.0%
10
South Africa
CNY 8453824
44.5%
11
Uganda
CNY 8407791
44.8%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
CNY 15163379
0.5%
1
Saudi Arabia
CNY 15136000
0.7%
2
Bahrain
CNY 15023108
1.4%
3
United Arab Emirates
CNY 14478000
5.0%
4
Qatar
CNY 14478000
5.0%
5
Oman
CNY 14020800
8.0%
6
Egypt
CNY 11431995
25.0%
7
Lebanon
CNY 11431366
25.0%
8
Turkey
CNY 8877312
41.8%
9
Israel
CNY 7796867
48.8%
10
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NOTE* Withholding is calculated based on the Guangzhou 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.