Home >

Obtaining Compensation Is Subject To Personal Income Tax At 20% Tax Rate.

2012/1/17 9:30:00 12

??? 日本語 Fran?ais English 中文

Recently, the Conghua Local Taxation Bureau conducted a routine inspection of a company, and found that one of the company's business partners obtained the 500 thousand yuan of compensation paid by the company but did not pay the personal income tax according to the regulations. The local tax department asked the company to replace the personal income tax of 27 thousand yuan on behalf of the company.

It is understood that the company is a

clothing

The factory was set up in March 2009, and a total of 3 business partners, each of whom has invested 200 thousand yuan in cooperation.

In less than two years, the clothing factory has been operating in a vivid and colorful manner, and more and more orders have been received, and the scale of the garment factory has been expanding.

In May 2010, one of the business partners, Zhang Zhang, could not continue to cooperate with the remaining 2 shareholders for personal reasons. He decided to quit, and the garment factory compensates Zhang Zhang for 500 thousand yuan in the name of compensation.

According to the Circular No. forty-first of the State Administration of Taxation on personal income tax on personal recovery of investment and operation in 2011, individuals terminate investment for various reasons.

pool

Income from the pfer of shares, liquidated damages, compensation, compensation and other funds recovered from the invested enterprises or cooperative projects, other investors of the invested enterprises and the business partners of the cooperative projects are all taxable income from personal income tax. The personal income tax should be calculated according to the provisions of the "pfer of property income tax" project.

Zhang Zhang, a company's sole agent, is responsible for the payment of compensation from the clothing factory for personal reasons for ending the operation of the garment factory. It belongs to the item of personal income tax payable in the document. It should be calculated according to the applicable provisions of the "pfer of property income tax".

Pay

The calculation method of personal income tax is to calculate the personal income tax payable according to the "20% of the income tax rate of property pfer" after deducting the balance of the original amount of actual investment (investment amount) and the relevant taxes and fees.