Regulations on Personal Income Tax of Annual Lump Sum Bonus
Q: |
What is included in the annual lump sum bonus? |
A: |
The annual lump sum bonus includes year-end salary increase, annual salary and performance pay that are cashed out by the units implementing the annual salary system and performance pay approach based on the assessment. |
Q: |
Whether the annual lump sum bonus must be calculated separately for tax purposes? |
A: |
The decision of whether to include the annual lump sum bonus in the current year's comprehensive income can be made based on the employee's annual income. |
Q: |
Is there a time limit for the use of the annual lump sum bonus? |
A: |
Only one separate tax calculation is allowed for each taxpayer in a tax year |
Q: |
Whether non-resident individuals are eligible for annual lump sum bonus incentives? |
A: |
If there is a message that is no longer valid, it can be deleted and then confirmed. |
Q: |
What is Months of Bonus? |
A: |
Months of bonus is the income from wages and salaries such as bonuses, year-end salary increases or dividends that are attributed to several months at a time for residents without residence. |
Q: |
Are there incentives for several months bonus? |
A: |
Non-resident individuals who have received several months of bonuses in a month, separately in accordance with the provisions of Article 2 of this announcement to calculate the amount of income for the month, not combined with other wages and salaries for the month |