L***z
发帖数: 454 | 1 How do you guys deal with the income tax issue? It seems that China's tax
rate is even higher than the US (45% vs. 33% + state, as applicable to most
big law jobs) and deduction is also trivial. Of course, this won't be too
big an issue if you make millions of $$$ a year. | j****i
发帖数: 496 | 2 I only know one case where a big law senior associate returned to China to
practice as a partner for family reasons. She was a US citizen when she
returned and she only pays US tax as far as I know. | m**********n
发帖数: 71 | 3 I don't think there is a way to get around the tax issue. Look at the following numbers,
the 45% is only the marginal rate for the portion of your income in excess of
RMB100K/month. So your overall effective tax rate should be lower than 45%.
级 数 全月应纳税所得额 税率（％）
1 不超过500元的 5
2 超过500元至2000元的部分 10
3 超过2000元至5000元的部分 15
4 超过5000元至20000元的部分 20
5 超过20000元至40000元的部分 25
6 超过40000元至60000元的部分 30
7 超过60000元至80000元的部分 35
8 超过80000元至100000元的部分 40
9 超过100000元的部分 45
most
【在 L***z 的大作中提到】
: How do you guys deal with the income tax issue? It seems that China's tax
: rate is even higher than the US (45% vs. 33% + state, as applicable to most
: big law jobs) and deduction is also trivial. Of course, this won't be too
: big an issue if you make millions of $$$ a year.
| L***z
发帖数: 454 | 4 Thanks for the response. Yes, I understand that's marginal rate. Marginal or
not, the overal tax burden will be higher than that in the US.
When you say "I don't think there is a way to get around the tax issue," is
it because you know the Chinese associates are paying rates like that, or
because you have read the text you posted?
Thanks. |
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