According to the Individual Income Tax Law of People's Republic of China (PRC) and its implementing regulations, after deducting the expense deduction standard, retirees should pay individual income tax according to the taxable items of "income from wages and salaries". "Reply of State Taxation Administration of The People's Republic of China on Personal Income Tax Collection for Bonus Subsidies Other than Retirement Wages Obtained by Retirees from Units" The subsidies, bonuses and objects obtained by retirees from their original work units do not belong to the tax-free retirement wages, retirement wages and retirement living allowances stipulated in Article 4 of the Individual Income Tax Law of People's Republic of China (PRC). According to the Individual Income Tax Law of People's Republic of China (PRC) and its implementing regulations, after deducting the expense deduction standard, retirees should pay individual income tax according to the taxable items of "income from wages and salaries".

Legal objectivity:

Article 2 of the Individual Income Tax Law of People's Republic of China (PRC) shall be subject to individual income tax: (1) Income from wages and salaries; (2) Income from remuneration for labor services; (5) Operating income; (9) Accidental income. Article 3 of the Individual Income Tax Law of People's Republic of China (PRC): (1) For comprehensive income, the excess progressive tax rate of 3% to 45% shall apply; (2) The excess progressive tax rate of 5% to 35% shall apply to the operating income; (3) Income from interest, dividends and bonuses, income from property leasing, income from property transfer and accidental income shall be subject to the proportional tax rate of 20%. Article 6 of the Individual Income Tax Law of People's Republic of China (PRC) * * * Income from labor remuneration, royalties and royalties shall be the amount of income after deducting 20% of expenses. The amount of remuneration should be reduced by 70%.