Detailed explanation of cross-border e-commerce personal income tax: tax types, applicable tax rates and reduction and exemption policies

Personal income tax is a tax that is levied on various taxable incomes obtained by individuals, individual industrial and commercial households, investors in sole proprietorships, and contractors. Its main collection content covers many aspects, including but not limited to:

1. Salaries: Wages, bonuses, year-end bonuses, dividends, allowances and subsidies and other income received by an individual during his tenure in the company.

2. Income from labor remuneration: Income earned by individuals from performing labor services. This type of income comes from consulting services, technical services, brokerage services and personal part-time work, etc., and does not involve formal employment with an organization. relation.

3. Income from royalties: Income earned by individuals from publishing books, newspapers, periodicals, etc.

4. Royalty Income: Income received by an individual from providing the right to use patents, trademarks, copyrights and other franchises.

5. Business income: Business income obtained by individuals from individual businesses, sole proprietorships and partnerships.

6. Interest, Dividends, and Bonus Income: Interest, dividend, or bonus income generated by individuals from owning bonds and equity.

7. Property leasing income: Income earned by individuals from leasing real estate, machinery, equipment, ships and other properties.

8. Income from property transfer: Income from individuals transferring stocks, partnership property shares, real estate, etc.

9. Incidental income: For example, unexpected income such as winning a prize or winning a prize.

According to relevant regulations, the comprehensive income of resident individuals is subject to seven-level progressive tax rates ranging from 3% to 45%. The annual taxable income needs to be deducted from the annual income of 60,000 yuan and various special deductions, such as social security, provident fund, rent subsidies and child subsidies, etc. In addition, the applicable tax rate for labor remuneration income is a three-level excess progressive withholding rate of 20% to 40%; the five-level excess progressive tax rate of 5% to 35% is applicable to business income. Others, such as property leasing, property transfer, interest, dividends, bonuses, incidental income and royalties, etc., are subject to a fixed withholding rate of 20%.