Individual Income Tax Law of the People's Republic of China (Amended in 1993)
Individual Income Tax Law of the People's Republic of China (Amended in 1993)
Individual Income Tax Law of the People's Republic of China (Amended in 1993)
October 31, 1993
(Adopted at the Third Session of the Standing Committee of the Fifth National People's Congress on September 10, 1980, and amended according to the Decision on Amending the Individual Income Tax Law of the People's Republic of China at the Fourth Session of the Standing Committee of the Eighth National People's Congress on October 31, 1993)
Article 1 Individual income tax shall be levied in accordance with the provisions of this Law by individuals who have domicile in China, or though without domicile but have resided for one year or more in China on their income derived from sources within and outside China.
Individuals who are neither domiciled nor resident in China or who are not domiciled and resided for less than one year in China, shall pay individual income tax in accordance with this Law on income derived from sources within China.
Article 2 Individual income tax shall be levied on the following categories of income:
1. income from wages and salaries;
2. income from production or business operation derived by individual industrial and commercial households;
3. income from contracted or leased operation of enterprises or institutions;
4. income from remuneration for personal service;
5. income from author's remuneration;
6. income from royalties;
7. income from interest, dividends and bonuses;
8. income from lease of property;
9. income from transfer of property;
10. contingent income; or
11. other income specified as taxable by the finance department of the State Council.
Article 3 Individual income tax rates:
1. income from wages and salaries shall be taxed at progressive rates ranging from 5% to 45% (see the appended tax rate schedule).
2. income from production and business of individual industrialists and merchants and income from contracted or leased operation of enterprises or institutions shall be taxed at progressive rates ranging from 5% to 35% (see the appended tax rate schedule).
3.
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October 31, 1993
(Adopted at the Third Session of the Standing Committee of the Fifth National People's Congress on September 10, 1980, and amended according to the Decision on Amending the Individual Income Tax Law of the People's Republic of China at the Fourth Session of the Standing Committee of the Eighth National People's Congress on October 31, 1993)
Article 1 Individual income tax shall be levied in accordance with the provisions of this Law by individuals who have domicile in China, or though without domicile but have resided for one year or more in China on their income derived from sources within and outside China.
Individuals who are neither domiciled nor resident in China or who are not domiciled and resided for less than one year in China, shall pay individual income tax in accordance with this Law on income derived from sources within China.
Article 2 Individual income tax shall be levied on the following categories of income:
1. income from wages and salaries;
2. income from production or business operation derived by individual industrial and commercial households;
3. income from contracted or leased operation of enterprises or institutions;
4. income from remuneration for personal service;
5. income from author's remuneration;
6. income from royalties;
7. income from interest, dividends and bonuses;
8. income from lease of property;
9. income from transfer of property;
10. contingent income; or
11. other income specified as taxable by the finance department of the State Council.
Article 3 Individual income tax rates:
1. income from wages and salaries shall be taxed at progressive rates ranging from 5% to 45% (see the appended tax rate schedule).
2. income from production and business of individual industrialists and merchants and income from contracted or leased operation of enterprises or institutions shall be taxed at progressive rates ranging from 5% to 35% (see the appended tax rate schedule).
3.
......