Income subject to tax. For example, the interest on treasury bills is not taxable income if you don't have to pay enterprise income tax. Taxable income, different taxes have different understandings, such as business tax taxable income is generally turnover including out-of-the-money expenses, but there is a difference, such as the construction industry business tax taxable income is the total contracting income minus subcontracting income for taxable income, enterprise income tax, including the main business sales income, other business income, deemed sales income, etc., the value-added tax (VAT) is a kind of out-of-the-money tax, and its taxable income is less than the value-added tax.
What income from personal salary can be included in personal income tax?
The following items of personal income are subject to personal income tax:
I. Wages and salaries refer to the wages, salaries, bonuses, year-end raises, labor bonuses, allowances, subsidies, and other incomes related to the position or employment that an individual obtains as a result of his/her position or employment.
The income from production and operation of individual industrial and commercial households refers to:
1. The income from production and operation of individual industrial and commercial households engaged in industry, handicrafts, construction, transportation, commerce, catering, service, repair and other industries;
2. The income from the license obtained by an individual with the approval of the relevant government departments to engage in the activities of running a school, medical treatment, consulting and other paid services;
3. The income from the activities of running a school, medical treatment, consulting and other paid services;
4. Income derived from paid service activities;
3. Income derived from production and operation of other individuals engaged in individual business;
4. Taxable income derived by the above individual business households and individuals in connection with production and operation.
3. The income from contracting and leasing of enterprises and institutions refers to the income derived from contracting and leasing as well as subcontracting and subletting by individuals, including the income derived from wages and salaries obtained by individuals on a monthly or per-periodic basis.
4. Income from remuneration for services refers to the income derived from design, decoration, installation, drafting, laboratory, testing, medical, legal, accounting, consulting, lecturing, journalism, broadcasting, translation, reviewing, painting, calligraphy, sculpture, film and television, sound recording, video recording, performance, performance, advertisement, exhibition, technical services, referral services, brokering services, agency services, as well as other labor services.
V. Income from remuneration for manuscripts refers to the income obtained by an individual for the publication or dissemination of his work in the form of books or newspapers.
VI. Royalty income refers to the income derived from the provision of the right to use patent rights, trademark rights, copyrights, non-patented technologies and other franchises; the income derived from the provision of the right to use copyrights is not included in the income from royalties.
VII. Interest, Dividend and Bonus Income, refers to the interest, dividend and bonus income obtained by an individual who owns debt or equity.
VIII. Income from property leasing refers to the income derived from the leasing of buildings, land use rights, machinery and equipment, vehicles and vessels, and other property by individuals.
Nine, the transfer of property income, refers to the transfer of securities, equity, buildings, land use rights, machinery and equipment, vehicles and ships, as well as other property income.
Tenth, incidental income, refers to individuals to win the prize, winning the lottery, winning the lottery and other incidental income.
Xi, the State Council's finance department to determine the tax on other income.
In summary, the formula for calculating the taxable income of an enterprise is as follows: total income = income derived from daily production and operation + other income related to production and operation. Enterprise taxable income is the income related to the items of enterprise taxable income, referring to the total income of the enterprise in each tax year.
Of which, the income derived from daily production and operation includes relevant interest income, external lease income, external transfer of property income, royalty income, stock interest income, etc. Other incomes related to production and operation include income from fixed asset surpluses, unpayable accounts payable, income from overflow of enterprise materials, income from cash surpluses, income from relevant fines, income from the return of education surcharges paid, income from the overdue return of confiscated packaging deposits, and other relevant incomes.
Legal basis:
The Individual Income Tax Law of the People's Republic of China (PRC) Article 2 The following items of personal income shall be subject to the individual income tax:
(1) Income from wages and salaries;
(2) Income from remuneration for services;
(3) Income from manuscripts;
(4) Income from royalties;
(v) income from business;
(vi) income from interest, dividends and bonuses;
(vii) income from property leasing;
(viii) income from transfer of property;
(ix) incidental income.
Resident individuals obtaining income from the first to the fourth items of the preceding paragraph (hereinafter referred to as comprehensive income) shall calculate individual income tax on a consolidated basis according to the taxable year, while non-resident individuals obtaining income from the first to the fourth items of the preceding paragraph shall calculate individual income tax on a monthly basis or on a sub-item basis. Taxpayers obtaining income from the fifth to ninth items of the preceding paragraph shall calculate individual income tax separately in accordance with the provisions of this Law.