I, personal income tax items are as follows:
1, wages, salaries
Wages, salaries, refers to the wages, salaries, bonuses, year-end raises, labor bonuses, allowances, subsidies, as well as other income related to the position or employment of an individual. Individuals obtain income, as long as it is related to the post, employment, regardless of the unit of its capital expenditure channels or in the form of cash, in-kind, securities and other forms of payment, are wages, salaries income items of the object of taxation;
2, remuneration for labor income
Remuneration for labor income, refers to the individual engaged in the design, decoration, installation, drafting, assaying, testing, medical, legal, accounting, Consulting, lecturing, journalism, broadcasting, translation, review, painting, calligraphy, sculpture, film, audio, video, performance, performance, advertising, exhibition, technical services, referral services, economic services, agency services, and other labor income;
3, remuneration for manuscripts
Required remuneration for manuscripts refers to the income received by an individual from the publication of his or her work in the form of a book or a newspaper. The "works" referred to here, including Chinese and foreign words, pictures, music and other works that can be published in books, newspapers and magazines; "personal works", including my own writings, translations and so on. Individuals who receive remuneration for posthumous works shall be taxed according to the item of income from manuscripts;
4. Royalty income
Royalty income refers to the income derived from the provision of the right to use patent rights, copyrights, trademarks, non-patented technologies and other franchises. Income derived from the provision of the right to use copyrights does not include income from royalties. Income derived by authors from the public auction (bidding) of the original or copies of their own manuscripts of written works shall be taxed under the item of royalty income;
5. Business Income
includes the income from the production and operation of individual industrial and commercial enterprises and the income from contracting and leasing to enterprises and institutions;
6. Interest, Dividend and Bonus Income
Interest, dividend and bonus income
Interest
Income from interest, dividends and bonuses refers to the interest, dividend and bonus income derived from the ownership of debt and equity by an individual.
1) Interest refers to the interest on one's deposits (the state announced the abolition of interest tax from the next day of October 8, 2008), interest on goods and interest on the purchase of various bonds;
2) Dividends, also known as dividends, are the investment benefits that the holders of shares receive from the joint-stock company on a regular basis with their shares in accordance with the provisions of the articles of association of the joint-stock company;
3) Bonuses, also known as Company (enterprise) dividends, is a joint-stock company or enterprise according to the profits to be distributed by shares in excess of the dividend portion of the profits. Joint-stock enterprises in the form of shares to individual shareholders to pay dividends, bonuses, that is, the distribution of bonus shares, should be distributed to the face amount of the stock for the amount of income tax;
7, property rental income
Property rental income, refers to individuals to rent out buildings, land use rights, machinery, equipment, vehicles and ships, as well as other property income obtained. Property includes movable and immovable property;
8, property transfer income
Property transfer income, refers to the transfer of securities, equity, buildings, land use rights, machinery and equipment, vehicles and other property to others or units and income, including the transfer of immovable and movable property and income. There is no tax on the income derived from individual stock trading;
9. Occasional Income
Occasional income refers to the income derived by an individual on a non-recurring basis, which belongs to a variety of opportunistic income, including the income derived from winning prizes, jackpot prizes, lotteries, and other occasional income of a fortuitous nature (including prizes, in-kind goods, and securities);
Individuals who buy social welfare lottery tickets, China Sports Lottery, and who win once shall not be subject to the tax. Sports Lottery, and the income from a single win does not exceed RMB 10,000, shall be exempted from personal income tax, and if it exceeds RMB 10,000, it shall be taxed in full under the item of incidental income (the tax rate as of April 21, 2011 is 20%).
Two, the difference between the tax purposes are as follows:
1, for the content and source of the levy is different;
2, the tax rate of the tax purposes are different.
1) Wages and salaries, remuneration for labor, remuneration for manuscripts, royalties are 45% at the highest level and 3% at the lowest level;
2) Business income is 5% at the lowest level and 35% at the highest level;
3) Individuals' income from interest, dividends, bonuses, income from leasing of property, income from the transfer of property, incidental income and other income , the individual income tax is calculated on a per-income basis and is levied at a proportional rate of 20%.
Expanded:
Individual Income Tax Deduction and Exemption Programs
According to the provisions of the Individual Income Tax Law of the People's Republic of China (PRC), the Regulations for the Implementation of the Individual Income Tax Law of the People's Republic of China (PRC), and the relevant documents and regulations, the individual income tax The main tax exemption policies are:
(1) Prizes awarded by provincial people's governments, ministries and commissions under the State Council, and units of the People's Liberation Army (PLA) above the military level, as well as by foreign organizations and international organizations in the fields of science, education, technology, culture, health, sports and environmental protection are exempted from individual income tax.
(2) The people's governments of townships and townships or above (including townships and townships), or foundations or similar organizations approved by the competent departments of the people's governments of counties or above (including counties), which have institutions and by-laws, shall be exempted from levying individual income tax on prizes or awards awarded to those who have demonstrated bravery and courage, subject to the approval of the competent tax authorities.
(3) Interest on bonds issued by the Ministry of Finance and financial bonds approved by the State Council shall be exempted from individual income tax.
(4) Article 5 of the State Council's Implementing Measures for Individual Income Tax on Interest on Savings Deposits states, "Individuals are exempted from individual income tax on the interest income from education savings, as well as on the interest income from other special savings deposits or deposits in special funds for savings as determined by the financial departments."
Cai Shui Zi (1999) No. 267 further stipulates that interest income derived from the deposit of housing provident fund, medical insurance fund, basic pension insurance fund, and unemployment insurance fund into individual bank accounts in accordance with the ratio prescribed by the national or provincial local governments is exempt from individual income tax.
Guo Shifa (1999) No. 180 also further stipulates that the interest earned on the deposits in the special account for education deposits opened with the Industrial and Commercial Bank of China and enjoying preferential interest rates is exempted from individual income tax.
(5) Special government allowances (meaning a special allowance issued by the state to those who have made outstanding contributions to the development of social undertakings, not referring to other subsidies and allowances approved by the State Council) and tax-exempted subsidies and allowances (at present, they are limited to the allowances for academicians of the Chinese Academy of Sciences and the Chinese Academy of Engineering, and the allowances for senior academicians) issued in accordance with the regulations of the State Council are exempted from individual income tax. Individual Income Tax.
(6) Welfare expenses, i.e., due to certain specific events or reasons that cause certain difficulties in the normal life of the employees or their families, the enterprises, institutions, state organs and social organizations shall pay to the employees the temporary hardship allowance from the welfare expenses or trade union funds that they have set aside in accordance with the relevant provisions of the State, and shall be exempted from individual income tax. The following income does not belong to the scope of tax-exempt welfare payments, should be included in wages and salaries for personal income tax:
1) from the welfare fees or union funds beyond the proportion or base set aside by the state to pay to the individual subsidies, grants;
2) from the welfare fees and trade union funds paid to the unit of employees of the subsidies, allowances for everyone's share;
3) the unit for the Individuals to buy cars, housing, computers and other expenditures that do not belong to the nature of the temporary hardship assistance.
(7) Pensions and relief payments (the living hardship allowance paid by the civil affairs department to an individual) are exempted from personal income tax.
(8) Insurance claims paid by insurance companies are exempted from personal income tax.
(9) Rehabilitation and demobilization fees for military personnel are exempted from individual income tax.
(10) Settlement fees, retirement fees (meaning the retirement fees received by an individual who meets the conditions for retirement stipulated in the Interim Measures of the State Council on the Retirement and Retirement of Workers and receives the retirement fees in accordance with the standards stipulated in the Measures), retirement fees, retirement pay and retirement living subsidies paid to cadres and workers in accordance with the unified regulations of the State are exempted from the individual income tax.
(11) Income exempted from tax under international conventions and agreements signed by our government is exempted from individual income tax.
(12) Housing provident fund, unemployment insurance premiums, medical insurance premiums, and basic pension insurance premiums extracted by enterprises and individuals in accordance with the proportions stipulated by the state or local governments and actually paid to the designated financial institutions are not counted as the individual's current salary and wage income and are exempted from individual income tax.
The portion of the housing fund, unemployment insurance premiums, medical insurance premiums and basic pension insurance premiums paid in excess of the proportion prescribed by the state or local government shall be included in the individual's current salary and wage income and be subject to individual income tax. Individuals are exempted from personal income tax when they receive the housing fund, unemployment insurance premiums, medical insurance premiums, and basic pension insurance premiums they originally deposited.
(13) In accordance with the provisions of Document No. 43 of the State Administration of Taxation (1999), laid-off workers engaging in the community service industry are exempted from individual income tax for three years from the date of receipt of the tax registration certificate for those engaging in self-employment, or the date of filing in the local competent tax authority with the certificate of layoff for those engaging in independent labor services;
However, after the expiration of the first year of tax exemption, the competent tax authorities above the county shall review the subject and scope of tax exemption year by year according to the regulations, and those who meet the conditions may continue to be exempted from taxation for one to two years.
(14) In accordance with the provisions of Document No. 087 of the State Administration of Taxation Letter (1997), the income from seedling compensation paid by the land requisitioning unit to the land contractor in the process of land requisitioning shall be exempted from the individual income tax for the time being.
(15) According to the State Compensation Law, if the state organs and their staffs violate the lawful rights and interests of the citizens by exercising their powers in violation of the law and cause damages, the compensation obtained by the victims in accordance with the law shall not be taxed.
(16) In accordance with the provisions of the Document No. 089 of the State Administration of Taxation (1994), the following subsidies and legal allowances that are not of the nature of wages and salaries or income that does not belong to the items of the taxpayer's own wages and salary income are not taxable: ?
①one-child allowance; ② the implementation of the civil service wage system is not included in the total amount of basic salary subsidies, allowance differentials and family members of the side food subsidies; ③ child care subsidies; ④ travel allowances, meal allowances.
(17) In accordance with the provisions of Cai Shui Zi (1998) No. 061, individuals are temporarily exempted from personal income tax on income derived from the transfer of shares of listed companies.
(18) In accordance with the provisions of Document No. 127 of the State Administration of Taxation (1994) and Document No. 012 of the Cai Shui Zi (1998), individuals purchasing social welfare lottery tickets and sports lotteries are exempted from the individual income tax if the proceeds of a single win do not exceed 10,000 yuan, while those exceeding 10,000 yuan are subject to the individual income tax according to the regulations.
(19) in accordance with (94) Cai Shui Zi No. 020, the following income, temporarily exempt from personal income tax: ① individuals to report, assist in the investigation of various illegal and criminal behavior and get the prize money; ② individuals for the withholding of taxes, in accordance with the provisions of the withholding fee; ③ individual transfer of more than five years of self-use, and is the only family life of the house obtained income;?
④ Senior experts (meaning experts and scholars enjoying special government allowances issued by the state) who have reached the age of retirement and retired but have been appropriately extended the age of retirement and retired due to the needs of their work are exempted from personal income tax on the income from wages and salaries during the period of extension of the retirement and retired period as if they were retired and retired wages.
Baidu Encyclopedia - Individual Income Tax