100- 100×20%
= 100-20
=80 (ten thousand yuan)
Answer: You can actually get 800,000 yuan.
Personal income tax is accidental income, and there is no threshold. However, if the winning income of welfare lottery, welfare lottery and sports lottery is less than 6,543.8+0,000 yuan each time, State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) stipulates (Guo Shui Fa [1994] 127) that individual income tax is temporarily exempted. If it exceeds 6,543,800 yuan, individual income tax shall be levied in full in accordance with the provisions of the tax law.
Extended data:
Personal income tax has three different tax rates according to different tax items:
Comprehensive income (income from wages and salaries, income from labor remuneration, and income from royalties) is subject to a 7-level progressive tax rate, and tax is calculated according to the monthly taxable income. The tax rate is classified according to the taxable income of individual monthly wages and salaries, with the highest level being 45%, the lowest level being 3%, and the ***7 level.
Operating income is subject to 5 levels of excess progressive tax rate. The income from production and operation of individual industrial and commercial households and the annual taxable income from contracted operation and lease operation of enterprises and institutions are classified into grades, with the lowest grade being 5%, the highest grade being 35%, and the first grade being 5.
Proportional tax rate. Personal income tax is levied on personal income such as interest, dividends, bonus income, property lease income, property transfer income, accidental income and other income, and the proportional tax rate of 20% is applicable.
Baidu encyclopedia-personal income tax