The personal income tax rate for business income is an excess progressive tax rate of 5% to 35%, which is the balance after deducting costs, expenses and losses from the total income in each tax year. is taxable income.

Legal basis

Article 3 of the "Personal Income Tax Law of the People's Republic of China"

Personal income tax rate:

(1) Comprehensive income is subject to an excess progressive tax rate of 3% to 45% (the tax rate table is attached);

(2) Business income is subject to a progressive tax rate of 5% to 100% The excess progressive tax rate of 35/35 (the tax rate table is attached);

(3) For income from interest, dividends, bonuses, income from property rental, income from property transfer and incidental income, a proportional tax rate shall apply, and the tax rate is 100% Twenty out of ten.