Items subject to personal income tax include:
I. Wages and Salary Income
Wages and Salary Income refers to wages, salaries, bonuses, year-end raises, labor bonuses, allowances, subsidies, and other incomes obtained by an individual as a result of his/her office or employment as well as other incomes related to his/her office or employment. That is to say, the income obtained by individuals, as long as it is related to the post, employment, regardless of the unit of the channel of expenditure of funds or in the form of cash, in-kind, securities and other forms of payment, are wages, salaries, income items of the object of taxation.
Second, the production and business income of individual industrial and commercial households
(1) approved by the Administration for Industry and Commerce to open and receive business licenses for urban and rural individual industrial and commercial households, engaged in industry, handicrafts, construction, transportation, commerce, catering, services, repairs, and other sectors of the production and operation of the income obtained.
(2) Individuals approved by the relevant government departments, obtain a business license, and engage in schooling, medical care, consulting and other paid service activities to obtain income.
(3) Income derived by other individuals from engaging in individual industrial and commercial production and business operations, as well as income derived by individuals from engaging in production and business activities on a temporary basis.
(4) All taxable income related to production and operation obtained by the above individual industrial and commercial households and individuals.
Third, the individual income tax on enterprises and institutions contracting, leasing income
The contracting of enterprises and institutions, leasing income, refers to the individual contracting, leasing and subcontracting, subletting income, including the individual by the month or time of the nature of the wages, salaries income.
Four, remuneration for labor income
Remuneration for labor income, refers to individuals engaged in design, decoration, installation, drafting, laboratory, testing, medical, legal, accounting, consulting, lecturing, journalism, broadcasting, translation, review of manuscripts, painting, calligraphy, sculpture, film and television, sound recording, video recording, performances, performances, advertisements, exhibitions, technical services, introduction services, economic services, agency services and other income derived from labor services.
V. Income from manuscripts
Income from manuscripts refers to the income derived from the publication of one's work in the form of a book or newspaper. Here the "work", including Chinese and foreign words, pictures, music, etc. can be published in books, newspapers and magazines, published works; "personal works", including his own writings, translations, etc.. Individuals who receive remuneration for posthumous works should be taxed according to the item of income from manuscripts.
Sixth, royalty income
Royalty income, refers to individuals to provide the right to use patent rights, copyrights, trademarks, non-patented technologies and other concessions to obtain income. Income derived from the provision of the right to use copyrights does not include income from manuscripts. Income derived by authors from the public auction (bidding) of the original or copies of manuscripts of their written works shall be taxed under the item of royalty income.
Seven, interest, dividends, bonus income
Interest, dividends, bonus income refers to the individual has a debt, equity and interest, dividends, bonus income. 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, is a joint-stock company or enterprise according to the profits to be distributed according to the shares of profits in excess of the dividend portion of the distribution. The payment of dividends and bonuses in the form of shares by a joint-stock enterprise to individual shareholders, i.e., the distribution of bonus shares, shall be taxed at the par value of the shares distributed as the amount of income.
Eight, property rental income
Property rental income, refers to individuals renting out buildings, land use rights, machinery, equipment, vehicles and ships, as well as other property income. Property includes movable and immovable property.
Nine, the transfer of property
The transfer of property income, refers to the transfer of securities, equity, buildings, land use rights, machinery, equipment, vehicles and other property to other people or units of income, including the transfer of immovable and movable property and income. There is no tax on the income derived from individual stock trading.
Tenth, incidental income
Incidental income, refers to the income obtained by an individual is non-recurring, belonging to a variety of opportunistic income, including winning a prize, winning the lottery, winning the lottery, as well as other incidental income (including prizes, in-kind and marketable securities). Individuals purchasing social welfare prize-raising raffle tickets and China Sports Lottery tickets are exempted from personal income tax if their income from a single win does not exceed RMB 10,000, 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%).
XI, other income
In addition to the above 10 taxable items, other income shall be determined to be taxed by the State Council's finance department. The financial department of the State Council refers 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 have determined the other items of income to be taxed:
(1) Individuals who have obtained "Cai Guanshen Honorary Foundation for Academicians of the Chinese Academy of Sciences" issued by the Chinese Academy of Sciences Honorary Bonus for Academicians.
(2) Individuals to obtain by the banking sector in excess of the national interest rate and value-added subsidy rate paid by the deposit bonus.
(3) Individuals obtaining gratuitous sums of preferential income due to the payment of relevant insurance costs by the unit of employment.
(4) Interest (or similar income paid in other names) paid to insurance companies on 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.
(5) Rebate income or transaction fee rebate income obtained by individual stockholders as a result of a securities company soliciting large stockholders to open accounts and trade with the company and paying a portion of the transaction fee obtained to the large stockholders.
(6) Individuals obtaining some units and departments to distribute cash, in-kind or marketable securities to relevant personnel of other units and departments during year-end summaries, various celebrations, business transactions and other activities.
(7) Resignation risk money.
(8) Individuals are paid for providing guarantees for units or others.