Summary
If you make 374,400 元 a year living in the region of Beijing, China, you will be taxed 119,477 元. That means that your net pay will be 254,923 元 per year, or 21,244 元 per month. Your average tax rate is 31.9% and your marginal tax rate is -25.3%. 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 -25.34 元, hence, your net pay will only increase by 125 元.
Bonus Example
A 1,000 元 bonus will generate an extra 1,253 元 of net incomes. A 5,000 元 bonus will generate an extra 6,267 元 of net incomes.