Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,695,027 元
Income Tax
- 738,814 元
Housing Fund
- 4,329 元
Pension
- 1,835 元
Medical Insurance
- 676 元
Unemployment
- 67.57 元
Total tax
- 745,721 元
Net pay
* 949,306 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
949,306 元
Net pay
10,010 元
Tax the employer pays
745,721 元
Tax you pay
Total tax paid
755,731 元
Did you know your employer also pays tax on your salary? It costs the employer 10,010 元 to pay you 1,695,027 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 20,340,324 元 a year living in the region of Guangzhou, China, you will be taxed 8,948,653 元. That means that your net pay will be 11,391,671 元 per year, or 949,306 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 11392449
44.0%
1
Guangzhou
CNY 11391671
44.0%
2
Shanghai
CNY 11399953
44.0%
3
North America
Country 
Net pay
Average tax
Rank
USA
CNY 11094860
45.5%
1
Canada
CNY 9621191
52.7%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 18008443
11.5%
1
Brazil
CNY 14750790
27.5%
2
Costa Rica
CNY 13735300
32.5%
3
Panama
CNY 13625213
33.0%
4
Mexico
CNY 13256050
34.8%
5
Argentina
CNY 13221160
35.0%
6
Puerto Rico
CNY 13191107
35.2%
7
Colombia
CNY 12577456
38.2%
8
Uruguay
CNY 12551061
38.3%
9
Peru
CNY 12515380
38.5%
10
Chile
CNY 12380421
39.1%
11
Ecuador
CNY 11701991
42.5%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 14798836
27.2%
1
Kenya
CNY 14241884
30.0%
2
Ivory Coast
CNY 13870108
31.8%
3
Nigeria
CNY 13836386
32.0%
4
Ghana
CNY 13462325
33.8%
5
Mozambique
CNY 13237175
34.9%
6
Zambia
CNY 12511407
38.5%
7
Cameroon
CNY 12393103
39.1%
8
Morocco
CNY 12342304
39.3%
9
Senegal
CNY 12212452
40.0%
10
South Africa
CNY 11259003
44.7%
11
Uganda
CNY 11212969
44.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
CNY 20263703
0.4%
1
Saudi Arabia
CNY 20236324
0.5%
2
Bahrain
CNY 20072428
1.3%
3
United Arab Emirates
CNY 19323308
5.0%
4
Qatar
CNY 19323308
5.0%
5
Oman
CNY 18713098
8.0%
6
Egypt
CNY 15257238
25.0%
7
Lebanon
CNY 15256609
25.0%
8
Turkey
CNY 11847791
41.8%
9
Israel
CNY 10347029
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.