Summary
If you make 1,044,936 元 a year living in the region of Guangzhou, China, you will be taxed 275,716 元. That means that your net pay will be 769,220 元 per year, or 64,102 元 per month. Your average tax rate is 26.4% and your marginal tax rate is 43.0%. 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 42.98 元, hence, your net pay will only increase by 57.02 元.
Bonus Example
A 1,000 元 bonus will generate an extra 570 元 of net incomes. A 5,000 元 bonus will generate an extra 2,851 元 of net incomes.