Legal basis: Article 12 of the Individual Income Tax Law of People's Republic of China (PRC) stipulates that taxpayers shall pay individual income tax on an annual basis after obtaining business income. Taxpayers shall submit tax returns to the tax authorities within 15 days after the end of each month or quarter, pay taxes in advance, and make final settlement before March 3 1 of the following year.
Taxpayers' income from interest, dividends and bonuses, income from property leasing, income from property transfer and accidental income shall be calculated on a monthly or quarterly basis. If there is a withholding agent, the withholding agent shall withhold and pay taxes on a monthly or quarterly basis.
How to declare personal income tax?
To declare personal income tax, it shall submit the personal income tax return form, the detailed list of income tax sources and the personal income invoice to the tax authorities. Inquire about information in the tax hall, and taxpayers fill in the preferential column; Pay taxes through the electronic tax payment system or bank card of the tax bank, and the tax payment certificate will be issued by the tax hall.