Summary
If you make 747,132 元 a year living in the region of Shanghai, China, you will be taxed 178,520 元. That means that your net pay will be 568,612 元 per year, or 47,384 元 per month. Your average tax rate is 23.9% and your marginal tax rate is -43.8%. 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 -43.78 元, hence, your net pay will only increase by 144 元.
Bonus Example
A 1,000 元 bonus will generate an extra 1,438 元 of net incomes. A 5,000 元 bonus will generate an extra 7,189 元 of net incomes.