Politics and Money

[ergo sum]

Band

Income

Tax Rate (%)



1

500 yuan or less

5%



2

500 to 2,000 yuan

10%



3

2,000 to 5,000 yuan

15%



4

5,000 to 20,000 yuan

20%



5

20,000 to 40,000 yuan

25%



6

40,000 to 60,000 yuan

30%



7

60,000 to 80,000 yuan

35%



8

80,000 to 100,000 yuan

40%



9

All income above 100,000 yuan

45%