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Great returns. $25 per week =$100 per month =$1000 per year, per teacher. (passive income).
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Income Taxes
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Topic: Income Taxes (Read 1229 times)
savvysully
Newbie
Posts: 4
Income Taxes
«
on:
October 29, 2010, 05:10:28 AM »
I'm considering taking a teaching position in Hefei and is wondering if anybody can enlighten me on what sort of taxes in China my income will be subject to? I will likely be there beyond the 183 days which I believe triggers my income to be taxable by China.
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Aussie Mike
Da Xiong
Administrator
Long Term Member
Posts: 834
Love life, Live life, Be happy
Re: Income Taxes
«
Reply #1 on:
October 29, 2010, 12:24:10 PM »
As I understand it, less than 5,000 yuan is not taxable between 5,000-10,000 is 5%, over is 15% for teachers.
I can't be certain because the schools do that for me.
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savvysully
Newbie
Posts: 4
Re: Income Taxes
«
Reply #2 on:
October 30, 2010, 05:25:07 AM »
Thank you. I had found some tax tables, but was thinking they were based on annual amounts like in the USA, but it appears their tiering is based on monthly salary amounts. It appears that you are confirming that.
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Aussie Mike
Da Xiong
Administrator
Long Term Member
Posts: 834
Love life, Live life, Be happy
Re: Income Taxes
«
Reply #3 on:
November 07, 2010, 10:41:53 AM »
Here's i link to get those interested started
Shanghai tech Writer
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kaibo 开 博
Long Term Member
Posts: 409
Silver Surfer rides again!
Re: Income Taxes
«
Reply #4 on:
November 10, 2010, 07:30:51 AM »
The site info is dated Sept 2008 -- I believe there may have been changes since then.
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