Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
68,748 元
Income Tax
- 9,554 元
Housing Fund
- 4,329 元
Pension
- 1,835 元
Medical Insurance
- 676 元
Unemployment
- 67.57 元
Total tax
- 16,461 元
Net pay
* 52,287 元
Marginal tax rate
35.0%
Average tax rate
23.9%
76.1%
Net pay
23.9%
Total tax
Total tax
Net pay
The Taxberg
52,287 元
Net pay
10,010 元
Tax the employer pays
16,461 元
Tax you pay
Total tax paid
26,472 元
Did you know your employer also pays tax on your salary? It costs the employer 10,010 元 to pay you 68,748 元. In other words, every time you spend 10 元 of your hard-earned money, 3.85 元 goes to the government.
Real tax rate
33.6%
So, with you and the employer both paying tax, what used to be a 23.9% tax rate now rises to 33.6%, meaning your real tax rate is actually 9.7% higher than what it seemed at first.
Summary
If you make 824,976 元 a year living in the region of Guangzhou, China, you will be taxed 197,538 元. That means that your net pay will be 627,438 元 per year, or 52,287 元 per month. Your average tax rate is 23.9% and your marginal tax rate is 35.0%. 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 35 元, hence, your net pay will only increase by 65 元.
Bonus Example
A 1,000 元 bonus will generate an extra 650 元 of net incomes. A 5,000 元 bonus will generate an extra 3,250 元 of net incomes.
Tax per region
Region
Net pay
Average tax
Rank
Shanghai
CNY 637226
22.8%
1
Beijing
CNY 628358
23.8%
2
Guangzhou
CNY 627438
23.9%
3
North America
Country 
Net pay
Average tax
Rank
USA
CNY 582498
29.4%
1
Canada
CNY 535164
35.1%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 735779
10.8%
1
Costa Rica
CNY 634494
23.1%
2
Chile
CNY 629571
23.7%
3
Colombia
CNY 605563
26.6%
4
Uruguay
CNY 604790
26.7%
5
Brazil
CNY 602162
27.0%
6
Panama
CNY 598718
27.4%
7
Puerto Rico
CNY 583628
29.3%
8
Ecuador
CNY 569136
31.0%
9
Mexico
CNY 565536
31.5%
10
Peru
CNY 562229
31.9%
11
Argentina
CNY 536184
35.0%
12
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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.