Circular of the State Administration of Taxation on Issues concerning Links of Policies on the Calculation and Payment of Individual Income Tax on Salary and Remuneration
Circular of the State Administration of Taxation on Issues concerning Links of Policies on the Calculation and Payment of Individual Income Tax on Salary and Remuneration
Circular of the State Administration of Taxation on Issues concerning Links of Policies on the Calculation and Payment of Individual Income Tax on Salary and Remuneration
Guo Shui Fa [2005] No. 196
December 9, 2005
To the taxation bureaus of the various provinces, autonomous regions and municipalities directly under the jurisdiction of the Central Government, the taxation bureaus of the cities with separate state planning, and the various sub-bureaus of the Offshore Oil Taxation Administration:
In accordance with the Decision on Amending the Individual Income Tax Law of the People's Republic of China at 18th session of 10th National People's Congress, which commenced from January 1, 2006, the exemption standard of salary and remuneration income shall be raised from 800 Yuan to 1600 Yuan on a monthly basis.
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