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The Individual Income Tax in China (commonly abbreviated IIT) is administered on a progressive tax system with tax rates from 3 percent to 45 percent. As of 2019, China taxes individuals who reside in the country for more than 183 days on worldwide earned income.
Effective 1 January 2008, China merged the corporate tax rate for domestic firms and foreign firms at a rate of 25%. [ 2 ] : 27 The exception was enterprises in high-tech and new technology industries, which were taxed at 15%.
The tax rates displayed are marginal and do not account for deductions, exemptions or rebates. ... China [39] 25% (standard rate) [69] 15% (concession rate for high ...
Global map of countries by tariff rate, applied, weighted mean, all products (%), 2021, according to World Bank. This is a list of countries by tariff rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Import duty refers to taxes levied on imported goods, capital and ...
This is the list of countries by inheritance tax rates. Inheritance tax or estate tax is the tax levied upon the wealth of a person at ... China: 0% [20] Estonia: 0% ...
The tax percentage for each country listed in the source has been added to the chart. According to World Bank , "GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products.
People visit a booth of toys during the third phase of the 136th China Import and Export Fair at the Canton Fair Complex on October 31, 2024 in Guangzhou, Guangdong Province of China.
Main office. The State Taxation Administration (STA; Chinese: 国家税务总局) is a ministerial-level department within the government of the People's Republic of China. ...