Summary
If you make 1,539,980 元 a year living in the region of Beijing, China, you will be taxed 487,721 元. That means that your net pay will be 1,052,259 元 per year, or 87,688 元 per month. Your average tax rate is 31.7% and your marginal tax rate is 44.6%. 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 44.60 元, hence, your net pay will only increase by 55.40 元.
Bonus Example
A 1,000 元 bonus will generate an extra 554 元 of net incomes. A 5,000 元 bonus will generate an extra 2,770 元 of net incomes.