Download Your FREE Copy of the China Individual Income Tax Reform: Assessment of Tax Cut Effect Report

 

The new individual income tax scheme was finally settled on Aug 31, 2018. In recent months wage earners in China have been closely following the new amendments on the taxable threshold, coverage of special deduction, and the highest marginal tax rate.

In this special report, we compared the tax burden between new and old tax schemes and calculated the real tax cut effect.

Author: Mr Suyang Zhou (CEIC Data Research Analyst)

Publish Date: September 3rd, 2018

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CEIC Data - China's turnover tax as % of tax revenues

 

Information on China's turnover tax as % of tax returns.

CEIC Data - China's Government Revenue

 

China's government revenue as a % of their GDP.

CEIC Data - China's government revenue

 

China's Government revenue breakdown: Central Vs Local.

 

 

 

 

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