|
Category of tax
|
Taxable ltems
|
Tax rate
|
Remarks
|
| Enterprise income tax |
Income derived from manufacturing,business operation and other resources |
15%
|
Manufacturing enterprises with an operation period of over 10 years are, upon their profiting year,free of taxation for the first 2 years,and levied by half for the following 3 years (8years for hi-tech enterprises).Those enterprises with over 70%of their products exported will be levied by 10%from the 6th year(11th year for hitech enterprises) on. |
| Business tax |
Income derving from providing taxable services, transferring intangible assets, or selling realestate |
3-10%
|
|
| Individual income tax |
individual taxable income |
5-45%
|
Individual monthly taxable income is the remaining sum of monthly income deducted 800 yuan |
| Value-added tax |
Commodities imported from the free trade zone and sold in domestic market |
17%
|
Product exports and transactions within the free trade zone are free of value-added faxes |
| Consumption tax |
Taxable consumption commodities imported via the free trade zone |
3-45%
|
|
