Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,695,000 元
Income Tax
- 738,802 元
Housing Fund
- 4,329 元
Pension
- 1,835 元
Medical Insurance
- 676 元
Unemployment
- 67.57 元
Total tax
- 745,709 元
Net pay
* 949,291 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
949,291 元
Net pay
10,010 元
Tax the employer pays
745,709 元
Tax you pay
Total tax paid
755,719 元
Did you know your employer also pays tax on your salary? It costs the employer 10,010 元 to pay you 1,695,000 元. In other words, every time you spend 10 元 of your hard-earned money, 4.46 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 20,340,000 元 a year living in the region of Guangzhou, China, you will be taxed 8,948,508 元. That means that your net pay will be 11,391,492 元 per year, or 949,291 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
Beijing
CNY 11392271
44.0%
1
Guangzhou
CNY 11391492
44.0%
2
Shanghai
CNY 11399775
44.0%
3
Europe
Country 
Net pay
Average tax
Rank
Russia
CNY 17695800
13.0%
1
Hungary
CNY 16577100
18.5%
2
Ukraine
CNY 16373700
19.5%
3
Czech Republic
CNY 15654166
23.0%
4
Romania
CNY 11898900
41.5%
5
Poland
CNY 11726516
42.4%
6
Greece
CNY 11405256
43.9%
7
Switzerland
CNY 10959164
46.1%
8
Norway
CNY 10800941
46.9%
9
Luxembourg
CNY 10758706
47.1%
10
United Kingdom
CNY 10686807
47.5%
11
Spain
CNY 10663719
47.6%
12
Denmark
CNY 10511691
48.3%
13
Italy
CNY 10359786
49.1%
14
Netherlands
CNY 10338014
49.2%
15
Sweden
CNY 10240901
49.7%
16
Austria
CNY 10229946
49.7%
17
Germany
CNY 9958062
51.0%
18
Ireland
CNY 9870244
51.5%
19
France
CNY 8703908
57.2%
20
Belgium
CNY 7642345
62.4%
21
Finland
CNY 7599828
62.6%
22
Portugal
CNY 7386986
63.7%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CNY 11094687
45.5%
1
Canada
CNY 9621040
52.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 18256861
10.2%
1
Hong Kong
CNY 16905916
16.9%
2
Singapore
CNY 15927098
21.7%
3
Indonesia
CNY 13776692
32.3%
4
Thailand
CNY 13320621
34.5%
5
Pakistan
CNY 13253297
34.8%
6
Vietnam
CNY 13232856
34.9%
7
Philippines
CNY 12678592
37.7%
8
New Zealand
CNY 12484352
38.6%
9
Taiwan
CNY 12386099
39.1%
10
Malaysia
CNY 12140861
40.3%
11
China
CNY 11392271
44.0%
12
Japan
CNY 11152757
45.2%
13
Australia
CNY 10919060
46.3%
14
South Korea
CNY 10825553
46.8%
15
India
CNY 3917169
80.7%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 18008156
11.5%
1
Brazil
CNY 14750555
27.5%
2
Costa Rica
CNY 13735082
32.5%
3
Panama
CNY 13624996
33.0%
4
Mexico
CNY 13255840
34.8%
5
Argentina
CNY 13220950
35.0%
6
Puerto Rico
CNY 13190898
35.2%
7
Colombia
CNY 12577258
38.2%
8
Uruguay
CNY 12550864
38.3%
9
Peru
CNY 12515182
38.5%
10
Chile
CNY 12380226
39.1%
11
Ecuador
CNY 11701806
42.5%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 14798601
27.2%
1
Kenya
CNY 14241658
30.0%
2
Ivory Coast
CNY 13869887
31.8%
3
Nigeria
CNY 13836165
32.0%
4
Ghana
CNY 13462110
33.8%
5
Mozambique
CNY 13236965
34.9%
6
Zambia
CNY 12511208
38.5%
7
Cameroon
CNY 12392906
39.1%
8
Morocco
CNY 12342108
39.3%
9
Senegal
CNY 12212257
40.0%
10
South Africa
CNY 11258824
44.7%
11
Uganda
CNY 11212791
44.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
CNY 20263379
0.4%
1
Saudi Arabia
CNY 20236000
0.5%
2
Bahrain
CNY 20072108
1.3%
3
United Arab Emirates
CNY 19323000
5.0%
4
Qatar
CNY 19323000
5.0%
5
Oman
CNY 18712800
8.0%
6
Egypt
CNY 15256995
25.0%
7
Lebanon
CNY 15256366
25.0%
8
Turkey
CNY 11847603
41.8%
9
Israel
CNY 10346867
49.1%
10
Show more
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.