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jeffinflorida

Joined: 22 Dec 2004 Posts: 2024 Location: "I'm too proud to beg and too lazy to work" Uncle Fester, The Addams Family season two
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Posted: Mon Jun 30, 2008 2:45 am Post subject: Current tax rates / rules for fts |
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I have searched but cannot find the current tax rates for Fts. Someone posted that the new tax rate is 5200 as a base but I am unable to find that .
Anyone have a link that shows this? And whats the % above 5200?
My contract shows 4800 and 10% above that rate but if it has been changed then I want then to tax me less. |
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North China Laowei
Joined: 08 Apr 2008 Posts: 419
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Posted: Mon Jun 30, 2008 5:46 am Post subject: Re: Current tax rates / rules for fts |
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jeffinflorida wrote: |
I have searched but cannot find the current tax rates for Fts. Someone posted that the new tax rate is 5200 as a base but I am unable to find that .
Anyone have a link that shows this? And whats the % above 5200?
My contract shows 4800 and 10% above that rate but if it has been changed then I want then to tax me less. |
Jeff,
Can you please tell us "who" that someone is if it was on this Board, or can you refer us to the post-in-question?
Thanks.
NCL |
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dk3454
Joined: 18 Oct 2007 Posts: 2 Location: Chapel Hill, NC
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Posted: Mon Jun 30, 2008 6:09 am Post subject: Re: Current tax rates / rules for fts |
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jeffinflorida wrote: |
I have searched but cannot find the current tax rates for Fts. Someone posted that the new tax rate is 5200 as a base but I am unable to find that .
Anyone have a link that shows this? And whats the % above 5200?
My contract shows 4800 and 10% above that rate but if it has been changed then I want then to tax me less. |
Jeff,
The current information that was given to me by Xiamen University...
Income Tax
You need to pay tax for all your income each month. According to China�s tax laws, below is the current tax ratio for your monthly income:
(Monthly Income - 4800) tax ratio minus
____ <500 5% 0
500<____<2000 10% 25
2000<___<5000 15% 125
5000<___<20000 20% 375
Example (salary of 5500): 5500 - 4800 = 700. 700 * 10% = 70. 70 - 25 = 45. Tax obligation would be RMB 45 for the monthly salary of 5500.
Doug |
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arioch36
Joined: 21 Jan 2003 Posts: 3589
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Posted: Mon Jun 30, 2008 12:41 pm Post subject: |
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http://forums.eslcafe.com/job/viewtopic.php?t=62529&start=15
for some reason it was posted on the China off-topic section
skiing
Quote: |
seem to be paying less income tax effective April 2008.
My regular monthly pay cheque for the last 2 years was 7,525 yuan
but last month I collected 7,645 yuan. They told me there was a
change in the income tax for foreign experts effective April 2008, although the staff in the Income Tax Department told me otherwise.
Please share your thoughts. |
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jeffinflorida

Joined: 22 Dec 2004 Posts: 2024 Location: "I'm too proud to beg and too lazy to work" Uncle Fester, The Addams Family season two
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Posted: Tue Jul 01, 2008 11:11 am Post subject: |
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So the answer to who has been posted.
Now the answer to is it true...?
4800 or 5200 ?????????????????????????? base... |
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Orrin
Joined: 02 Apr 2005 Posts: 206 Location: Zhuhai, China
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Posted: Tue Jul 01, 2008 2:53 pm Post subject: |
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4800! |
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