Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
1,770,080 元
Income Tax
- 772,588 元
Housing Fund
- 4,329 元
Pension
- 1,835 元
Medical Insurance
- 676 元
Unemployment
- 67.57 元
Total tax
- 779,495 元
Net pay
* 990,585 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
990,585 元
Net pay
10,010 元
Tax the employer pays
779,495 元
Tax you pay
Total tax paid
789,505 元
Did you know your employer also pays tax on your salary? It costs the employer 10,010 元 to pay you 1,770,080 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
44.4%
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 21,240,960 元 a year living in the region of Guangzhou, China, you will be taxed 9,353,940 元. That means that your net pay will be 11,887,020 元 per year, or 990,585 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.
North America
Country 
Net pay
Average tax
Rank
USA
CNY 11574899
45.5%
1
Canada
CNY 10039720
52.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 19067725
10.2%
1
Hong Kong
CNY 17653712
16.9%
2
Singapore
CNY 16629847
21.7%
3
Indonesia
CNY 14385741
32.3%
4
Thailand
CNY 13906245
34.5%
5
Pakistan
CNY 13838921
34.9%
6
Vietnam
CNY 13818480
34.9%
7
Philippines
CNY 13237938
37.7%
8
New Zealand
CNY 13033937
38.6%
9
Taiwan
CNY 12926675
39.1%
10
Malaysia
CNY 12672418
40.3%
11
China
CNY 11887799
44.0%
12
Japan
CNY 11638310
45.2%
13
Australia
CNY 11396569
46.4%
14
South Korea
CNY 11295212
46.8%
15
India
CNY 4020842
81.1%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 18805579
11.5%
1
Brazil
CNY 15403751
27.5%
2
Costa Rica
CNY 14339851
32.5%
3
Panama
CNY 14226387
33.0%
4
Mexico
CNY 13841464
34.8%
5
Argentina
CNY 13806574
35.0%
6
Puerto Rico
CNY 13773368
35.2%
7
Colombia
CNY 13126822
38.2%
8
Uruguay
CNY 13098071
38.3%
9
Peru
CNY 13067020
38.5%
10
Chile
CNY 12920802
39.2%
11
Ecuador
CNY 12215772
42.5%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Kuwait
CNY 21164339
0.4%
1
Saudi Arabia
CNY 21136960
0.5%
2
Bahrain
CNY 20964058
1.3%
3
United Arab Emirates
CNY 20178912
5.0%
4
Qatar
CNY 20178912
5.0%
5
Oman
CNY 19541683
8.0%
6
Egypt
CNY 15932715
25.0%
7
Lebanon
CNY 15932086
25.0%
8
Turkey
CNY 12372331
41.8%
9
Israel
CNY 10797347
49.2%
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.