Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
16,980,000 元
Income Tax
- 7,354,258 元
Housing Fund
- 45,913 元
Pension
- 27,092 元
Medical Insurance
- 6,773 元
Unemployment
- 1,693 元
Total tax
- 7,435,729 元
Net pay
* 9,544,271 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
9,544,271 元
Net pay
138,534 元
Tax the employer pays
7,435,729 元
Tax you pay
Total tax paid
7,574,264 元
Did you know your employer also pays tax on your salary? It costs the employer 138,534 元 to pay you 16,980,000 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 16,980,000 元 a year living in the region of Beijing, China, you will be taxed 7,435,729 元. That means that your net pay will be 9,544,271 元 per year, or 795,356 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 9551775
43.7%
1
Beijing
CNY 9544271
43.8%
2
Guangzhou
CNY 9543492
43.8%
3
Europe
Country 
Net pay
Average tax
Rank
Russia
CNY 14772600
13.0%
1
Hungary
CNY 13838700
18.5%
2
Ukraine
CNY 13668900
19.5%
3
Czech Republic
CNY 13066966
23.0%
4
Romania
CNY 9933300
41.5%
5
Poland
CNY 9792684
42.3%
6
Greece
CNY 9523656
43.9%
7
Switzerland
CNY 9181288
45.9%
8
Norway
CNY 9033581
46.8%
9
Luxembourg
CNY 8983954
47.1%
10
United Kingdom
CNY 8948007
47.3%
11
Spain
CNY 8923239
47.5%
12
Denmark
CNY 8790645
48.2%
13
Netherlands
CNY 8641214
49.1%
14
Austria
CNY 8585946
49.4%
15
Sweden
CNY 8560584
49.6%
16
Italy
CNY 8526234
49.8%
17
Germany
CNY 8329302
51.0%
18
Ireland
CNY 8257444
51.4%
19
France
CNY 7316228
56.9%
20
Belgium
CNY 6386380
62.4%
21
Finland
CNY 6362676
62.5%
22
Portugal
CNY 6177386
63.6%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CNY 9303807
45.2%
1
Canada
CNY 8059635
52.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
CNY 15232861
10.3%
1
Hong Kong
CNY 14117116
16.9%
2
Singapore
CNY 13306298
21.6%
3
Indonesia
CNY 11505332
32.2%
4
Thailand
CNY 11136621
34.4%
5
Pakistan
CNY 11069297
34.8%
6
Vietnam
CNY 11048856
34.9%
7
Philippines
CNY 10592592
37.6%
8
New Zealand
CNY 10434752
38.6%
9
Taiwan
CNY 10370099
38.9%
10
Malaysia
CNY 10158494
40.2%
11
China
CNY 9544271
43.8%
12
Japan
CNY 9341957
45.0%
13
Australia
CNY 9138260
46.2%
14
South Korea
CNY 9074029
46.6%
15
India
CNY 3530533
79.2%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CNY 15034284
11.5%
1
Brazil
CNY 12314555
27.5%
2
Costa Rica
CNY 11479682
32.4%
3
Panama
CNY 11382196
33.0%
4
Mexico
CNY 11071840
34.8%
5
Argentina
CNY 11036950
35.0%
6
Puerto Rico
CNY 11018658
35.1%
7
Colombia
CNY 10527739
38.0%
8
Uruguay
CNY 10510134
38.1%
9
Peru
CNY 10457182
38.4%
10
Chile
CNY 10364226
39.0%
11
Ecuador
CNY 9785044
42.4%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CNY 12354201
27.2%
1
Kenya
CNY 11889658
30.0%
2
Ivory Coast
CNY 11577275
31.8%
3
Nigeria
CNY 11550693
32.0%
4
Ghana
CNY 11239470
33.8%
5
Mozambique
CNY 11052965
34.9%
6
Zambia
CNY 10444808
38.5%
7
Cameroon
CNY 10347170
39.1%
8
Morocco
CNY 10305988
39.3%
9
Senegal
CNY 10196257
40.0%
10
South Africa
CNY 9410824
44.6%
11
Uganda
CNY 9364791
44.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
CNY 16903379
0.5%
1
Saudi Arabia
CNY 16876000
0.6%
2
Bahrain
CNY 16745708
1.4%
3
United Arab Emirates
CNY 16131000
5.0%
4
Qatar
CNY 16131000
5.0%
5
Oman
CNY 15621600
8.0%
6
Egypt
CNY 12736995
25.0%
7
Lebanon
CNY 12736366
25.0%
8
Turkey
CNY 9890705
41.8%
9
Israel
CNY 8666867
49.0%
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.