China's individual income tax payment standards are as follows: Taxable Objects Statutory Objects The taxpayers of China's individual income tax are those who have earned income by residing in China and those who have earned income from China without residing in China, including Chinese domestic citizens, foreigners who have earned income in China, and compatriots in Hong Kong, Macao and Taiwan. Resident taxpayers Individuals who have a residence in China, or individuals who do not have a residence but have lived in China for one year or more, are resident taxpayers and shall bear unlimited tax obligations, i.e., to pay individual income tax on the income they have obtained both within and outside China in accordance with the law. Non-resident taxpayers Individuals who do not have a residence in China and do not reside in China, or who do not have a residence in China and have resided in China for less than one year, are non-resident taxpayers and are subject to limited tax obligations, i.e., they shall pay individual income tax according to law on the income they have obtained within the territory of China. Wages and Salary Income Wages and salary income refers to wages, salaries, bonuses, year-end raises, labor bonuses, allowances, subsidies, and other income related to the employment or occupation of an individual. That is to say, the income obtained by an individual, as long as it is related to the position or employment, regardless of the unit's capital expenditure channels or in the form of cash, in-kind, marketable securities and other forms of payment, are wages, salaries income items of taxable objects. Income from Production and Operation of Individual Industrial and Commercial Households The income from production and operation of individual industrial and commercial households includes four aspects: (1) The income from production and operation of urban and rural individual industrial and commercial households that have been approved by the administration for industry and commerce and have received business licenses, and are engaged in the production and operation of industry, handicrafts, construction, transportation, commerce, food and beverage, services, repairs, and other trades. (b) Income derived by individuals who have been approved by the relevant government departments and have obtained business licenses to engage in schooling, medical care, consulting and other paid service activities. (iii) Income derived by other individuals engaged in individual industrial and commercial production and operation, as well as income derived by individuals temporarily engaged in production and operation activities. (d) All taxable income derived from production and operation of the above individual industrial and commercial households and individuals. Income from contracting and leasing to enterprises and institutions Income from contracting and leasing to enterprises and institutions refers to the income derived from contracting, leasing, subcontracting and subletting by individuals, including the income derived from wages and salaries obtained by individuals on a monthly or monthly basis. Income from remuneration for labor 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, acting, advertisement, exhibition, technical service, referral service, economic service, agency service and other labor services. Income from manuscripts Income from manuscripts refers to the income received by an individual from the publication of his/her work in the form of a book or newspaper. The term "works" here refers to works that can be published in books or newspapers, including Chinese and foreign words, pictures, music scores, etc. The term "personal works" includes one's own writings and translations. Individuals who receive remuneration for posthumous works shall be taxed under the item of income from manuscripts. Royalty income Royalty income refers to the income derived from the provision of patents, copyrights, trademarks, non-proprietary technologies and other royalties. Income from the use of copyrights does not include royalties. Income derived by an author from the public auction (bidding) of the original or a copy of his/her written work shall be taxed as royalty income. Interest, Dividend, and Bonus Income Interest, dividend, and bonus income refers to the interest, dividend, and bonus income obtained by an individual who owns debt or equity. Interest refers to interest on one's deposits (the state announced the abolition of interest tax from the day after October 8, 2008), interest on goods, and interest on the purchase of various bonds. Dividends, also known as stock dividends, are the investment benefits that stockholders receive from a joint stock company on a regular basis by virtue of their stock certificates in accordance with the articles of incorporation of the joint stock company. Dividends, also known as company (enterprise) dividends, are profits in excess of the dividend portion of a joint-stock company's or enterprise's share distribution based on the profits to be distributed. Payment of dividends and bonuses in the form of shares by a joint-stock company to individual shareholders, i.e., distribution of bonus shares, shall be taxed as income in the amount of the par value of the shares distributed. Income from property leasing Income from property leasing refers to the income from leasing buildings, land use rights, machinery, equipment, vehicles and ships, and other property. Property includes movable and immovable property. Income from transfer of property Income from transfer of property refers to the income derived from the transfer of securities, equity, buildings, land use rights, machinery and equipment, vehicles and ships, and other property to other persons or units, including the income derived from the transfer of immovable and movable property. Individuals are not taxed on income from stock trading. Occasional income Occasional income refers to income obtained by an individual on a non-recurring basis, which belongs to various kinds of opportunistic income, including winning a prize, winning a lottery, winning a lottery, and other occasional income of a fortuitous nature (including prizes, in-kind goods, and marketable securities). Individuals purchasing social welfare lottery tickets and China Sports Lottery tickets are exempted from individual income tax if the income from a single win does not exceed RMB10,000, and if it exceeds RMB10,000, the full amount shall be taxed under the incidental income item (the tax rate as of April 21, 2011 was 20%). Other Income In addition to the above 10 taxable items, other income shall be determined for taxation by the finance department of the State Council. The financial departments of the State Council refer to the Ministry of Finance and the State Administration of Taxation. As of April 30, 1997, the Ministry of Finance and the State Administration of Taxation to determine the taxation of other income items are: (a) individuals to obtain "Cai Guanshen Chinese Academy of Sciences Academician Honorary Foundation" issued by the Chinese Academy of Sciences Academician Honorary Bonus. (b) Individuals obtaining bonuses paid by the banking sector at interest rates in excess of the national regulations and value-added subsidy rates. (iii) Individuals who paid the relevant insurance premiums for their work units and received preferential income from the non-reimbursable payments. (iv) Interest (or similar income paid in other names) paid to insurance companies on the basis of the insured amount at the bank's savings deposit rate for the same period of time to life insurance households that are not insured during the policy period. (v) Rebate income or transaction fee rebate income obtained by individual stockholders from the payment of a portion of the transaction fee obtained to large stockholders as a result of the securities company's solicitation of large stockholders to open accounts and trade with the Company. (vi) Individuals obtaining cash, in-kind or marketable securities issued by some units and departments to related personnel of other units and departments in the course of year-end summaries, various celebrations, business transactions and other activities. (vii) Resignation risk money. (viii) Individuals receiving remuneration for providing guarantees for units or others. Individuals obtain income, if it is difficult to define which taxable income items, the competent tax authorities to review and determine.