Personal income tax is a type of income tax levied by the state on the income of its own citizens, individuals living in the country, and the income of overseas individuals derived from the country. So, who needs to pay personal income tax in our country? Let me introduce it to you in detail below.
1. People who need to pay personal income tax: According to the provisions of the tax law, Chinese citizens (excluding compatriots from Hong Kong, Macao and Taiwan, the same below), individual industrial and commercial households, foreigners and stateless persons who have income in China, Compatriots from Hong Kong, Macao and Taiwan are all taxpayers of personal income tax.
2. Which income is subject to personal tax: 1. Wage and salary income Wage and salary income refer to the wages, salaries, bonuses, year-end salary increases, Labor dividends, allowances, subsidies and other income related to office or employment. This means that any income obtained by an individual, as long as it is related to employment or employment, regardless of the source of capital expenditure of the unit or payment in the form of cash, kind, securities, etc., is subject to tax on wages and salaries. . 2. Income from production and business operations of individual industrial and commercial households. Income from production and business operations of individual industrial and commercial households includes four aspects: (1) Urban and rural individual industrial and commercial households that have been approved by the industrial and commercial administration department to open business and have obtained a business license, engaged in industry, handicrafts, and construction. , transportation, commerce, catering, service, repair and other industries, income from production and operations. (2) Income obtained by individuals who obtain business licenses with approval from relevant government departments and engage in school running, medical treatment, consulting and other paid service activities. (3) Income obtained by other individuals engaged in individual industrial and commercial production and operations, that is, income obtained by individuals temporarily engaged in production and operation activities. (4) Various taxable incomes related to production and operation obtained by the above-mentioned individual industrial and commercial households and individuals. 3. Income from contracting and leasing operations to enterprises and institutions. Income from contracting and leasing operations to enterprises and institutions refers to the income obtained from individual contracting operations, leasing operations and subcontracting and subletting, including income obtained by individuals on a monthly or per-time basis. Income in the nature of wages and salaries. 4. Income from labor remuneration Income from labor remuneration refers to individuals engaged in design, decoration, installation, drawing, laboratory testing, medical treatment, law, accounting, consulting, lecturing, news, broadcasting, translation, review, calligraphy, painting, sculpture, film and television, Income from sound recordings, videos, performances, performances, advertising, exhibitions, technical services, introduction services, economic services, agency services and other services. 5. Income from author remuneration Income from author remuneration refers to the income an individual obtains from the publication or publication of his works in the form of books or newspapers. The "works" mentioned here refer to works including Chinese and foreign texts, pictures, music scores, etc. that can be published and published in the form of books, newspapers and periodicals; "personal works" include my own writings, translated works, etc. If an individual receives remuneration for a posthumous work, tax shall be calculated based on the income item of the remuneration. 6. Income from royalties Income from royalties refers to the income obtained by individuals from providing the right to use patents, copyrights, trademarks, non-patented technologies and other franchises. Income from providing the right to use a copyright does not include income from royalties. The income obtained by the author from the public auction (bidding) of the original or copy of the manuscript of his written work shall be taxed as a royalty income item. 7. Interest, dividends, and bonus income Interest, dividends, and bonus income refer to the interest, dividend, and bonus income obtained by individuals from owning debts and equity. Interest refers to personal deposit interest (the state announced that the interest tax will be abolished from the next day on October 8, 2008), interest on goods loans and interest on the purchase of various bonds. Dividends, also known as dividends, refer to the investment benefits that stock holders receive from a joint-stock company on a regular basis based on their stocks according to the articles of association of the joint-stock company. Dividends, also known as company (enterprise) dividends, refer to the portion of profits that a joint-stock company or enterprise distributes by shares in excess of dividends based on the profits that should be distributed. When a joint-stock enterprise pays dividends to individual shareholders in the form of stocks, or dividends, that is, bonus shares, the income tax shall be calculated based on the face value of the stocks distributed. 8. Property leasing income Property leasing income refers to the income obtained by individuals from leasing buildings, land use rights, machinery, equipment, vehicles, and other properties.
Property includes movable and immovable property. 9. Income from property transfer Income from property transfer refers to the income obtained by individuals from transferring securities, equity, buildings, land use rights, machinery and equipment, vehicles and ships, and other self-owned properties to others or entities, including the income from the transfer of real estate and movable properties. income obtained. There is no tax for the time being on income derived from individual stock trading. 10. Incidental income Incidental income refers to the income obtained by an individual that is non-recurring and belongs to various opportunistic incomes, including winning a prize, winning a prize, winning a lottery, and other incidental income (including bonuses, physical objects, and securities). Individuals who purchase social welfare prize-winning lottery tickets or Chinese sports lottery tickets and whose one-time winning income does not exceed 10,000 yuan are exempt from personal income tax. If the income exceeds 10,000 yuan, they should be taxed as incidental income items in full (as of April 21, 2011 The daily tax rate is 20). 11. Other income In addition to the above 10 taxable items, other income that should be taxed shall be determined by the finance department of the State Council. The financial department of the State Council refers to the Ministry of Finance and the State Administration of Taxation. As of April 30, 1997, other income items determined to be taxed by the Ministry of Finance and the State Administration of Taxation include: (1) Individuals receive honorary bonuses for academicians of the Chinese Academy of Sciences issued by the "Cai Guanshen Academician of the Chinese Academy of Sciences Honorary Foundation". (2) Individuals receive savings bonuses paid by the banking sector at rates exceeding the nationally prescribed interest rates and value preservation subsidy rates. (3) Unpaid and preferential income received by individuals as a result of paying relevant insurance premiums by the employer where they work. (4) Interest (or similar income paid in other names) paid by the insurance company to life insurance customers who have not been insured during the policy period based on the insured amount and at the bank's savings deposit interest rate for the same period. (5) Rebate income or transaction fee return income received by individual shareholders from securities companies recruiting large shareholders to open accounts and trade with the company, and paying part of the transaction fees obtained to large shareholders. (6) Individuals obtain certain units and departments to distribute cash, physical objects or securities to relevant personnel of other units and departments during year-end summaries, various celebrations, business transactions and other activities. (7) Resignation risk payment. (8) Individuals provide guarantees for units or others and receive remuneration. If it is difficult to define which taxable income item the individual's income is, it shall be reviewed and determined by the competent tax authority.