Income Vs. Taxes and other fees
Jun 22, 2006 19:28
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Hello Everyone,

I read the thread concerning the best jobs in China with great interest. I am wondering how much of your pay you actually get to keep in China. Here in America, if you make $50,000.00 U.S. Dollars, by the time you pay all of the different kinds of taxes (income taxes, real estate taxes, personal property taxes, utility taxes, sales taxes, motor vehicle licensing fees, gasoline taxes, etc.), you actually get to keep about half ($25,000.00)of the money you make. How much tax do you pay in China?
Jun 22, 2006 19:57
  • MAY001
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Generally, the income taxes is deducted directly by the Bank. The bank aslo deducted your annuities, unemployment compensation, medicare.

It all depends whether you should pay other fees. For example, if you have a car/insurance, you have to pay for them. If you want to sell a house/apartment, you have to pay tax, etc..
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