Exemption from personal income tax includes:

1. Get bonuses from provincial people's governments, ministries and commissions in the State Council, units of the China People's Liberation Army at or above the corps level, foreign organizations and international organizations;

2. Interest on treasury bonds and financial bonds issued by the state;

3. Subsidies and allowances stipulated by the state;

4. Welfare fees, pensions and relief funds;

5. Insurance compensation;

6. Conversion fee, demobilization fee and retirement fee;

7. Resettlement subsidies, resignation fees, basic pensions or retirement fees, retirement fees and retirement living subsidies stipulated by the state;

8. Income of diplomatic representatives, consular officers and other personnel;

9. Tax-free income stipulated in international conventions and agreements to which the Government of China is a party;

10. Other tax-free income stipulated by the State Council.

Basic concepts of corporate tax:

1. Corporate tax refers to various tax matters involved in the company's operation, including tax declaration, payment and application for preferential policies.

2, tax management is an important part of the company's financial management, involving the company's legitimacy and economic benefits;

3. Taxes that companies need to pay usually include value-added tax, enterprise income tax, personal income tax and urban maintenance and construction tax.

4. The tax laws of different countries and regions are different, and the company needs to conduct tax treatment according to the local tax laws;

The company can reduce the tax burden through reasonable tax planning, but it must be carried out within the scope permitted by law.

To sum up, the scope of exemption from personal income tax includes: official bonuses, interest on national debt and financial bonds, state subsidies, various welfare relief funds, insurance claims, military-related expenses, pensions and related subsidies, diplomats' income, income exempted by international conventions and other income exempted by the State Council.

Legal basis:

Individual Income Tax Law of the People's Republic of China

Article 4

The following personal income shall be exempted from personal income tax:

(a) science, education, technology, culture, health, sports, environmental protection and other aspects of the bonus. Awarded by the provincial people's government, the State Council ministries and commissions, China People's Liberation Army units at or above the military level, foreign organizations and international organizations;

(2) Interest on government bonds and financial bonds issued by the state;

(3) Subsidies and allowances issued in accordance with state regulations;

(four) welfare funds, pensions and relief funds;

(5) Insurance compensation.

(6) Demobilized soldiers, demobilization fees and pensions;

(seven) in accordance with the unified provisions of the state issued to cadres and workers resettlement fees, resignation fees, basic pension or retirement fees, retirement fees, retirement allowance (

Income of diplomatic representatives in China, consular officials and other personnel in embassies and consulates in China who should be exempted from tax according to relevant laws;

(9) Income exempted from tax as stipulated in international conventions and agreements signed by the Government of China;

(ten) other tax-free income stipulated by the State Council.

The tax exemption provisions in Item 10 of the preceding paragraph shall be reported by the State Council to the NPC Standing Committee for the record.

People's Republic of China (PRC) tax collection management law

essay

The collection and suspension of tax, as well as the reduction, exemption, refund and overdue tax, shall be implemented in accordance with the provisions of the law; Where the State Council is authorized by law, it shall be implemented in accordance with the administrative regulations formulated by the State Council.

No organ, unit or individual may, in violation of the provisions of laws and administrative regulations, arbitrarily make decisions on tax collection, suspension, tax reduction, exemption, tax refund, overdue tax and other decisions inconsistent with tax laws and administrative regulations.

Provisional Regulations of People's Republic of China (PRC) Municipality on Value-added Tax

second

VAT rate:

(1) Taxpayers selling or importing goods, except as provided in Items (2) and (3) of this Article, shall pay a tax rate of 17%.

(2) The taxpayer sells or imports the following goods at a tax rate of 13%.

1, grain and edible vegetable oil;

2, tap water, heating, air conditioning, hot water, gas, liquefied petroleum gas, natural gas, biogas, residential coal products;

3. Books, newspapers and magazines;

4. Feed, fertilizer, pesticide, agricultural machinery, plastic film.