Legal subjectivity:
The personal income tax declaration process is for the filer to log in to the personal income tax APP and select "Declaration of Special Additional Deductions", fill in the relevant personal information in the interface, save and submit. . Chinese citizens, foreigners with income earned in China and compatriots from Hong Kong, Macao and Taiwan are all subject to the statutory collection of personal income tax. 1. How to declare personal income tax. Personal income tax declaration can be made directly through the personal income tax App. You can first log in to the Personal Income Tax App, then choose to declare special additional deductions. After entering, fill in and submit according to the information on the page. Deductions that can be claimed include children’s education, medical treatment for serious illnesses, continuing education, housing loan interest, housing rent, support for the elderly, etc. According to relevant regulations, the time for personal income tax reduction and exemption declaration is December every year, and the deadline for declaration is December 31. Therefore, investors who meet the declaration conditions or whose declaration information needs to be modified need to complete the declaration operation before the end of this month. For those who have already declared special additional deductions, but the declaration information has been adjusted, you can also directly log in to the Personal Income Tax App, choose to continue to enjoy special additional deductions, enter the information page that has been filled in, and select the corresponding deduction items to modify while waiting for confirmation. Just confirm. There is no need to refill if there are no changes. 2. Taxable objects of personal income tax (1) Legal objects The taxpayers of personal income tax in my country are those who live in China and earn income, as well as individuals who do not live in China but earn income from China, including Chinese citizens, Foreign personnel with income from China and compatriots from Hong Kong, Macao and Taiwan. (2) A resident taxpayer who has a domicile in China, or an individual who has no domicile but has lived in China for one year, is a resident taxpayer and shall bear unlimited tax liability, that is, for his income obtained within and outside China, Pay personal income tax in accordance with the law. (3) Non-resident taxpayers who have no domicile and do not live in China, or individuals who have no domicile and have lived in China for less than one year, are non-resident taxpayers and bear limited tax liability. Only their income obtained from within China shall be taxed. Pay personal income tax in accordance with the law. 3. Applicable tax rates for personal income tax Personal income tax stipulates three different tax rates based on different tax items: Comprehensive income (wage, salary income, labor remuneration income, author remuneration income, royalties income), applicable to level 7 excess Progressive tax rates, where taxes are calculated based on monthly taxable income. The tax rate is divided into levels according to the individual's monthly salary and salary taxable income. The highest level is 45%, the lowest level is 3%, and the final level is 7. Business income is subject to five levels of excess progressive tax rates. The production and operating income of individual industrial and commercial households, which are calculated on an annual basis and taxes are paid in advance on a monthly basis, and the annual taxable income from contracted operations and leasing operations of enterprises and institutions are applicable. The lowest level is 5%, and the highest level is 5%. Level one is 35%, ***level 5. Proportional tax rate. Individual income from interest, dividends, bonuses, income from property leasing, income from property transfer, incidental income and other income are levied on a case-by-case basis, with a 20% proportional tax rate applicable. According to legal regulations, personal income tax returns can be filed directly through the Personal Income Tax App. Special attention should be paid to the personal income tax exemption and reduction declaration time in December each year, and the filing deadline is December 31. The law is objective:
"Individual Income Tax Law of the People's Republic of China"
Article 11
Comprehensive income obtained by resident individuals shall be calculated on an annual basis. Income tax;
If there is a withholding agent, the withholding agent shall withhold and pay taxes on a monthly or per-time basis;
If it is necessary to handle final settlement, the tax shall be paid in advance. Final settlement must be made between March 1st and June 30th of the following year in which the income is obtained. The withholding and prepayment measures shall be formulated by the taxation department of the State Council. If an individual resident provides special additional deduction information to the withholding agent, the withholding agent shall deduct the tax in accordance with the regulations when withholding the tax on a monthly basis and shall not refuse. If a non-resident individual obtains income from wages, salaries, remuneration for labor services, income from author remuneration and income from royalties, and there is a withholding agent, the withholding agent shall withhold and remit taxes on a monthly or per-time basis, and no settlement shall be made. Pay off.
"Personal Income Tax Law of the People's Republic of China"
Article 11
Personal income tax is calculated on an annual basis for resident individuals who obtain comprehensive income;< /p>
If there is a withholding agent, the withholding agent shall withhold and pay taxes on a monthly or per-time basis;
If it is necessary to handle final settlement and settlement, the tax shall be paid when the income is obtained. The settlement and settlement shall be handled between March 1st and June 30th of the following year. The withholding and prepayment measures shall be formulated by the taxation department of the State Council. If an individual resident provides special additional deduction information to the withholding agent, the withholding agent shall deduct the tax in accordance with the regulations when withholding the tax on a monthly basis and shall not refuse. If a non-resident individual obtains income from wages, salaries, remuneration for labor services, income from author remuneration and income from royalties, and there is a withholding agent, the withholding agent shall withhold and remit taxes on a monthly or per-time basis, and no settlement shall be made. Pay off.