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• Individual Income Tax Threshold Raised to 2000 Yuan
China formally raises its monthly individual income tax levy threshold from the former 1,600 yuan, or about 225 U.S. dollars, to 2,000 yuan on Saturday.
  
 
Personal Income Tax Threshold in China

China started to collect individual income tax in 1980.

In 1994, China began levying income tax on citizens earning more than 800 yuan a month.

The existing law requires individuals earning 1,600 yuan or more a month to pay income tax.

Now, as of March 1, 2008, people earning less than 2,000 yuan a month will not have to pay income tax.                      Read More

   
Audio News
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• China to Raise Individual Income Tax Threshold
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Links
• State Administration of Taxation
• National Bureau of Statistics
• Beijing Local Taxation Bureau
 
Latest News
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Opinions
• 2,000 Yuan Reasonable for Threshold
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• Taxation Policy Should Help Narrow Gap
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Background
• What Are Personal Income Tax Rates in China?
• Milestones of Income Tax
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