Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
695,000 元
Income Tax
- 300,802 元
Housing Fund
- 1,913 元
Pension
- 1,129 元
Medical Insurance
- 282 元
Unemployment
- 70.55 元
Total tax
- 304,197 元
Net pay
* 390,803 元
Marginal tax rate
45.0%
Average tax rate
43.8%
56.2%
Net pay
43.8%
Total tax
Total tax
Net pay
The Taxberg
390,803 元
Net pay
5,772 元
Tax the employer pays
304,197 元
Tax you pay
Total tax paid
309,969 元
Did you know your employer also pays tax on your salary? It costs the employer 5,772 元 to pay you 695,000 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
44.2%
So, with you and the employer both paying tax, what used to be a 43.8% tax rate now rises to 44.2%, meaning your real tax rate is actually 0.40000000000001% higher than what it seemed at first.
Summary
If you make 16,680,000 元 a year living in the region of Beijing, China, you will be taxed 7,300,729 元. That means that your net pay will be 9,379,271 元 per year, or 781,606 元 per month. Your average tax rate is 43.8% 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.
Tax per region
Region
Net pay
Average tax
Rank
Shanghai
CNY 9386775
43.7%
1
Beijing
CNY 9379271
43.8%
2
Guangzhou
CNY 9378492
43.8%
3
North America
Country 
Net pay
Average tax
Rank
USA
CNY 9143907
45.2%
1
Canada
CNY 7920223
52.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 14962861
10.3%
1
Hong Kong
CNY 13868116
16.9%
2
Singapore
CNY 13072298
21.6%
3
Indonesia
CNY 11302532
32.2%
4
Thailand
CNY 10941621
34.4%
5
Pakistan
CNY 10874297
34.8%
6
Vietnam
CNY 10853856
34.9%
7
Philippines
CNY 10406342
37.6%
8
New Zealand
CNY 10251752
38.5%
9
Taiwan
CNY 10190099
38.9%
10
Malaysia
CNY 9981498
40.2%
11
China
CNY 9379271
43.8%
12
Japan
CNY 9180279
45.0%
13
Australia
CNY 8979260
46.2%
14
South Korea
CNY 8917643
46.5%
15
India
CNY 3496012
79.0%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 14768760
11.5%
1
Brazil
CNY 12097055
27.5%
2
Costa Rica
CNY 11278307
32.4%
3
Panama
CNY 11181946
33.0%
4
Mexico
CNY 10876840
34.8%
5
Argentina
CNY 10841950
35.0%
6
Puerto Rico
CNY 10824708
35.1%
7
Colombia
CNY 10344746
38.0%
8
Uruguay
CNY 10327926
38.1%
9
Peru
CNY 10273432
38.4%
10
Chile
CNY 10184226
38.9%
11
Ecuador
CNY 9613904
42.4%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 12135951
27.2%
1
Kenya
CNY 11679658
30.0%
2
Ivory Coast
CNY 11372578
31.8%
3
Nigeria
CNY 11346633
32.0%
4
Ghana
CNY 11041020
33.8%
5
Mozambique
CNY 10857965
34.9%
6
Zambia
CNY 10260308
38.5%
7
Cameroon
CNY 10164515
39.1%
8
Morocco
CNY 10124192
39.3%
9
Senegal
CNY 10016257
40.0%
10
South Africa
CNY 9245824
44.6%
11
Uganda
CNY 9199791
44.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
CNY 16603379
0.5%
1
Saudi Arabia
CNY 16576000
0.6%
2
Bahrain
CNY 16448708
1.4%
3
United Arab Emirates
CNY 15846000
5.0%
4
Qatar
CNY 15846000
5.0%
5
Oman
CNY 15345600
8.0%
6
Egypt
CNY 12511995
25.0%
7
Lebanon
CNY 12511366
25.0%
8
Turkey
CNY 9715982
41.8%
9
Israel
CNY 8516867
48.9%
10
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NOTE* Withholding is calculated based on the Beijing 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.