Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
3,380,000 元
Income Tax
- 1,497,052 元
Housing Fund
- 4,329 元
Pension
- 1,835 元
Medical Insurance
- 676 元
Unemployment
- 67.57 元
Total tax
- 1,503,959 元
Net pay
* 1,876,041 元
Marginal tax rate
45.0%
Average tax rate
44.5%
55.5%
Net pay
44.5%
Total tax
Total tax
Net pay
Summary
If you make 40,560,000 元 a year living in the region of Guangzhou, China, you will be taxed 18,047,508 元. That means that your net pay will be 22,512,492 元 per year, or 1,876,041 元 per month. Your average tax rate is 44.5% 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
Europe
Country 
Net pay
Average tax
Rank
Russia
CNY 35287200
13.0%
1
Hungary
CNY 33056400
18.5%
2
Ukraine
CNY 32650800
19.5%
3
Czech Republic
CNY 31223566
23.0%
4
Romania
CNY 23727600
41.5%
5
Poland
CNY 23364035
42.4%
6
Greece
CNY 22728456
44.0%
7
Switzerland
CNY 21658173
46.6%
8
Luxembourg
CNY 21438910
47.1%
9
Norway
CNY 21436661
47.2%
10
Italy
CNY 21393840
47.3%
11
United Kingdom
CNY 21150657
47.9%
12
Spain
CNY 21137679
47.9%
13
Denmark
CNY 20868698
48.6%
14
Netherlands
CNY 20549114
49.3%
15
Sweden
CNY 20352807
49.8%
16
Austria
CNY 20123301
50.4%
17
Germany
CNY 19759707
51.3%
18
Ireland
CNY 19575844
51.7%
19
France
CNY 17054768
58.0%
20
Belgium
CNY 15200561
62.5%
21
Finland
CNY 15044832
62.9%
22
Portugal
CNY 14666186
63.8%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CNY 21871947
46.1%
1
Canada
CNY 19017355
53.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 36454861
10.1%
1
Hong Kong
CNY 33688516
16.9%
2
Singapore
CNY 31698698
21.9%
3
Indonesia
CNY 27445412
32.3%
4
Thailand
CNY 26463621
34.8%
5
Pakistan
CNY 26396297
34.9%
6
Vietnam
CNY 26375857
35.0%
7
Philippines
CNY 25231842
37.8%
8
New Zealand
CNY 24818552
38.8%
9
Taiwan
CNY 24518099
39.6%
10
Malaysia
CNY 24070459
40.7%
11
China
CNY 22513271
44.5%
12
Japan
CNY 22049888
45.6%
13
Australia
CNY 21635660
46.7%
14
South Korea
CNY 21365974
47.3%
15
India
CNY 6243888
84.6%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 35904494
11.5%
1
Brazil
CNY 29410055
27.5%
2
Costa Rica
CNY 27307757
32.7%
3
Panama
CNY 27121846
33.1%
4
Mexico
CNY 26398840
34.9%
5
Argentina
CNY 26363950
35.0%
6
Puerto Rico
CNY 26263128
35.3%
7
Colombia
CNY 24910973
38.6%
8
Peru
CNY 24899932
38.6%
9
Uruguay
CNY 24831683
38.8%
10
Chile
CNY 24512226
39.6%
11
Ecuador
CNY 23236608
42.7%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 29508651
27.3%
1
Kenya
CNY 28395658
30.0%
2
Ivory Coast
CNY 27666499
31.8%
3
Nigeria
CNY 27589809
32.0%
4
Ghana
CNY 26837640
33.8%
5
Mozambique
CNY 26379965
35.0%
6
Zambia
CNY 24946508
38.5%
7
Cameroon
CNY 24703853
39.1%
8
Morocco
CNY 24595185
39.4%
9
Senegal
CNY 24344257
40.0%
10
South Africa
CNY 22379824
44.8%
11
Uganda
CNY 22333791
44.9%
12
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.