1987.01.01
STATE COUNCIL OF CHINA
PROVISIONAL RULES OF THE PEOPLE'S REPUBLIC OF CHINA ON INDIVIDUAL
INCOME ADJUSTMENT TAX
(Promulgated 25 September 1986 by the State Council)
@@ Article 1. These Rules are formulated in order to adjust
income differentials between individual citizens and to enhance
the smooth implementation of reforms to develop the economic system.
@@ Article 2. All Chinese citizens who have a place of residence
within the territory of the People's Republic of China and receive
an individual income are taxpayers obliged to pay individual
income adjustment tax (hereinafter referred to as taxpayers) and all
shall pay individual income adjustment tax in accordance with these
Rules.
@@ Article 3. Individual income adjustment tax shall be paid on
each of the following items of income:
(i) income from wages and salaries;
(ii) income from contracting and subcontracting;
(iii) income from work-related remuneration;
(iv) income from lease of property;
(v) income from the transfer of patents and the supply and
transfer of patent implementation licences and non-patented technology;
(vi) income from writing for publication and translation;
(vii) income in the form of interest, dividends and bonuses;
(viii) other income determined by the Ministry of Finance as being
taxable.
@@ Article 4. Calculation and collection of individual income
adjustment tax will be made in accordance with the progressive tax
rates on income in excess of certain multiples of the tax base or
the proportional tax rate, depending upon the source of the income.
@@ Article 5. Income from items (i), (ii), (iii) and (iv) of
Article 3 will be amalgamated to make up a person's total income
and tax will be levied monthly in accordance with the base figure on
which tax calculations are based for the particular region.
Should the taxpayer's monthly composite total be in excess of
the base rate on which the region's tax calculations are based, the
portion over three times in excess of the base figure will be
subject to individual income adjustment tax in accordance with the
progressive tax rates on income in excess of certain multiples of the
tax base (the table of tax rates is appended).
@@ Article 6. The base figure for a region's tax calculations may
undergo adjustment in accordance with actual conditions.
Any adjustment of the base rate for a region's tax calculations
will be framed by the Ministry of Finance in conjunction with
the relevant departments and submitted to the State Council for
approval of its implementation.
@@ Article 7. The following individual income will have tax
levied in accordance with the relevant proportional tax rate:
(i) where income recei[1] [2] [3] 下一页
|
