PRC Individual Income Tax Law (6th Revision)

中华人民共和国个人所得税法 (第六次修正)

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The new Law raises individual income tax threshold to Rmb3,500.

Main contents: According to Article 6 of the revised Law, the taxable income for income from wages and salaries shall be the monthly income less a deduction of Rmb3,500 for expenses (instead of the previous Rmb2,000).

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