Need. Individual industrial and commercial households need to pay taxes and make relevant declarations. The tax payable on the income from the production and operation of individual industrial and commercial households shall be calculated on an annual basis and paid in advance by monthly installments. The taxpayer shall pay in advance within15th day of the following month, and shall make final settlement within three months after the end of the year, with overpayment and underpayment.

Individual income tax items of individual industrial and commercial households need to be declared monthly and paid in advance within 15 days of the following month.

I. Individual income tax collection items include:

1, salary income;

2. Income from the production and operation of individual industrial and commercial households;

3. Income from contracted operation and lease operation of enterprises and institutions;

4. Income from remuneration for labor services;

5. remuneration income;

6. Royalty income;

7. Income from interest, dividends and bonuses;

8. Property rental income; Individual industrial and commercial households need to declare a tax. According to the relevant regulations, individual industrial and commercial households in China need to go through tax registration in accordance with the regulations, except for mobile rural vendors without fixed production and business premises.

In China, the tax standard of individual industrial and commercial households is generally like this: individual industrial and commercial households selling goods pay 3% value-added tax and those providing services pay 5% business tax. Enterprises, branches established by enterprises in other places, places engaged in production and business operations, individual industrial and commercial households and institutions engaged in production and business operations shall go through tax registration in accordance with the provisions of the Tax Administration Law, the detailed rules for implementation and these Measures. Taxpayers other than those mentioned in the preceding paragraph, in addition to state organs, individuals and rural mobile vendors without fixed production and business premises, shall also go through tax registration in accordance with the Tax Administration Law, detailed rules for implementation and these Measures. Withholding agents (except state organs) who are obligated to withhold in accordance with tax laws and administrative regulations shall go through the withholding registration in accordance with the Tax Administration Law, detailed rules for implementation and these Measures.

Legal basis:

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

Article 2 Individual income tax shall be paid on the following personal income: (1) Income from wages and salaries;

(2) Income from remuneration for labor services;

(3) Income from remuneration;

(4) Income from royalties;

(5) Operating income;

(6) Income from interest, dividends and bonuses;

(7) Income from property lease;

(8) Income from property transfer;

(9) Accidental income. Individual residents who obtain income from items 1 to 4 of the preceding paragraph (hereinafter referred to as comprehensive income) shall calculate individual income tax according to the tax year; Non-resident individuals who obtain income from items 1 to 4 of the preceding paragraph shall calculate individual income tax on a monthly or itemized basis. Taxpayers who obtain income from items 5 to 9 of the preceding paragraph shall calculate individual income tax separately in accordance with the provisions of this law.