Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
706,155 元
Income Tax
- 312,255 元
Housing Fund
- 883 元
Pension
- 521 元
Medical Insurance
- 130 元
Unemployment
- 32.56 元
Total tax
- 313,822 元
Net pay
* 392,333 元
Marginal tax rate
45.0%
Average tax rate
44.4%
55.6%
Net pay
44.4%
Total tax
Total tax
Net pay
The Taxberg
392,333 元
Net pay
2,664 元
Tax the employer pays
313,822 元
Tax you pay
Total tax paid
316,486 元
Did you know your employer also pays tax on your salary? It costs the employer 2,664 元 to pay you 706,155 元. In other words, every time you spend 10 元 of your hard-earned money, 4.48 元 goes to the government.
Real tax rate
44.6%
So, with you and the employer both paying tax, what used to be a 44.4% tax rate now rises to 44.6%, meaning your real tax rate is actually 0.2% higher than what it seemed at first.
Summary
If you make 36,720,060 元 a year living in the region of Beijing, China, you will be taxed 16,318,756 元. That means that your net pay will be 20,401,304 元 per year, or 1,700,109 元 per month. Your average tax rate is 44.4% 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
Beijing
CNY 20401304
44.4%
1
Guangzhou
CNY 20400525
44.4%
2
Shanghai
CNY 20408808
44.4%
3
North America
Country 
Net pay
Average tax
Rank
USA
CNY 19825259
46.0%
1
Canada
CNY 17232919
53.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 32998915
10.1%
1
Hong Kong
CNY 30501365
16.9%
2
Singapore
CNY 28703545
21.8%
3
Indonesia
CNY 24849613
32.3%
4
Thailand
CNY 23967660
34.7%
5
Pakistan
CNY 23900336
34.9%
6
Vietnam
CNY 23879896
35.0%
7
Philippines
CNY 22847879
37.8%
8
New Zealand
CNY 22476188
38.8%
9
Taiwan
CNY 22214135
39.5%
10
Malaysia
CNY 21804932
40.6%
11
China
CNY 20401304
44.4%
12
Japan
CNY 19980435
45.6%
13
Australia
CNY 19600492
46.6%
14
South Korea
CNY 19364264
47.3%
15
India
CNY 5802025
84.2%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 32505836
11.5%
1
Brazil
CNY 26626098
27.5%
2
Costa Rica
CNY 24730197
32.7%
3
Panama
CNY 24558686
33.1%
4
Mexico
CNY 23902879
34.9%
5
Argentina
CNY 23867989
35.0%
6
Puerto Rico
CNY 23780606
35.2%
7
Colombia
CNY 22568702
38.5%
8
Peru
CNY 22547968
38.6%
9
Uruguay
CNY 22499457
38.7%
10
Chile
CNY 22208262
39.5%
11
Ecuador
CNY 21046057
42.7%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
CNY 36643439
0.2%
1
Saudi Arabia
CNY 36616060
0.3%
2
Bahrain
CNY 36288367
1.2%
3
United Arab Emirates
CNY 34884057
5.0%
4
Qatar
CNY 34884057
5.0%
5
Oman
CNY 33782455
8.0%
6
Egypt
CNY 27542040
25.0%
7
Lebanon
CNY 27541411
25.0%
8
Turkey
CNY 21387513
41.8%
9
Israel
CNY 18536897
49.5%
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.