China's monthly personal income tax cutoff point fixes on 1,600 yuan,
after the amendment draft of law on personal income tax was adopted on
October 27 at the 18th session of the Standing Committee of the 10th
National People's Congress (NPC).
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Latest Report
1,600 yuan is minimum salary for paying tax (28/10 09:17)
The central government decided yesterday to double the minimum salary for
paying personal income tax to 1,600 yuan (US$200) a month starting on January 1,
2006.
Issues dominating income tax debate (28/9 17:47)
We have compiled, from Chinese news media, three issues that are
dominating the current income tax debate.
Tax floor is too low, NPC told (28/9 13:52)
About half of the 20 common citizens invited to talk to members of the
National People's Congress yesterday about a proposed change to individual
income tax rates said the planned floor threshold to begin paying taxes is still
too high.
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