The Corporate Tax Rate in China stands at 25 percent. This dataset provides - China Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This graph shows the annual growth of corporate income tax revenue in China from 2014 to 2024. In 2024, revenues from corporate income tax in China decreased by 0.5 percent compared to the previous year.

معدل ضريبة الدخل الشخصي في الصين يبلغ 45 في المئة. القيم الحالية، والبيانات التاريخية، والتنبؤات والإحصاءات والرسوم البيانية والتقويم الاقتصادي - الصين - معدل ضريبة الدخل الشخصي.

This dataset provides values for CORPORATE TAX RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Key information about China Tax Revenue

• China Tax Revenue was reported at 179.241 USD bn in Dec 2024.
• This records an increase from the previous figure of 154.587 USD bn for Nov 2024.
• China Tax Revenue data is updated monthly, averaging 73.674 USD bn from Jan 1995 to Dec 2024, with 346 observations.
• The data reached an all-time high of 334.352 USD bn in Jan 2018 and a record low of 3.064 USD bn in Feb 1995.
• China Tax Revenue data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: USD: Monthly.

CEIC converts monthly Tax Revenue into USD. The Ministry of Finance provides Tax Revenue in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

Hong Kong HK: Total Tax Rate: % of Profit data was reported at 22.900 % in 2017. This stayed constant from the previous number of 22.900 % for 2016. Hong Kong HK: Total Tax Rate: % of Profit data is updated yearly, averaging 23.000 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 24.100 % in 2008 and a record low of 22.600 % in 2013. Hong Kong HK: Total Tax Rate: % of Profit data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hong Kong – Table HK.World Bank: Company Statistics. Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.

The statistic shows the highest tax rate in China from 2004 to 2021. In 2021, the highest tax rate in China was 45 percent.

The Withholding Tax Rate in China stands at 10 percent. This dataset includes a chart with historical data for China Withholding Tax Rate.

Key information about China Tax revenue: % of GDP

• China Tax revenue: % of GDP was reported at 11.6 % in Dec 2024.
• This records an increase from the previous number of 11.0 % for Sep 2024.
• China Tax revenue: % of GDP data is updated quarterly, averaging 13.7 % from Mar 1995 to Dec 2024, with 120 observations.
• The data reached an all-time high of 22.0 % in Jun 2011 and a record low of 3.7 % in Mar 2024.
• China Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Quarterly.

CEIC calculates quarterly Tax Revenue as % of Nominal GDP from monthly Tax Revenue and quarterly Nominal GDP. The Ministry of Finance provides Tax Revenue in local currency. The National Bureau of Statistics provides year-to-date Nominal GDP in local currency.

This graph shows the annual change in personal income tax revenue in China from 2014 to 2024. In 2024, revenues from personal income tax in China decreased by around 1.7 percent compared to the previous year.

This graph shows the annual growth rate of tax revenue in China from 2000 to 2024. In 2024, the tax revenue in China decreased by 3.4 percent compared to the previous year.

Key information about Hong Kong SAR (China) Tax Revenue

• Hong Kong SAR (China) Tax Revenue was reported at 4.222 USD bn in Sep 2024.
• This is a decrease from the previous figure of 6.537 USD bn for Jun 2024.
• Hong Kong SAR (China) Tax Revenue data is updated quarterly, averaging 4.054 USD bn from Sep 1979 to Sep 2024, with 181 observations.
• The data reached an all-time high of 27.859 USD bn in Mar 2020 and a record low of 220.657 USD mn in Sep 1979.
• Hong Kong SAR (China) Tax Revenue data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: USD: Quarterly.

CEIC calculates quarterly Tax Revenue as the sum of Direct Taxes and Indirect Taxes and converts it into USD. Census and Statistics Department provides Tax Revenue in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

Total tax and contribution rate (% of profit) in China was reported at 59.2 % in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Total tax rate (% of profit) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

This graph shows the income tax as a percentage of government revenues in China in selected years from 2000 to 2022. In 2022, around 28.8 percent of government revenue in China resulted from income tax.

Corporate Tax Service Market Outlook

The global market size for Corporate Tax Services was valued at approximately USD 27.5 billion in 2023 and is projected to reach around USD 46.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.8%. This notable growth is driven by increasing complexities in tax regulations, globalization of business transactions, and the burgeoning need for strategic tax planning. As regulatory environments tighten and the demand for transparency escalates, organizations are increasingly seeking adept tax services to ensure compliance and optimize their financial strategies.

The growth factors for the corporate tax service market are multifaceted. Firstly, the ever-evolving and complex tax regulations across various jurisdictions necessitate the need for specialized tax services. Governments worldwide are continually updating tax laws to close loopholes and increase revenue, compelling businesses to seek expert advice to navigate these changes. Secondly, globalization has significantly contributed to the demand for corporate tax services. As businesses expand their operations internationally, they face diverse tax systems, double taxation issues, and compliance challenges, thereby increasing the reliance on professional tax services to manage these intricacies efficiently.

Another pivotal growth driver is the continuous digital transformation in the corporate world. The advent of advanced technologies such as artificial intelligence, big data analytics, and blockchain in tax services has revolutionized the way businesses handle their tax obligations. These technologies enhance accuracy, streamline processes, and provide valuable insights that aid in strategic tax planning. Furthermore, the increasing trend of outsourcing tax functions to specialized firms is gaining traction, particularly among small and medium enterprises (SMEs) that may lack in-house expertise. This outsourcing trend is buoyed by the need for cost efficiency and access to expert knowledge.

Additionally, the focus on corporate governance and accountability has amplified the emphasis on tax compliance. Stakeholders, including investors and regulatory bodies, are placing greater scrutiny on companies' tax practices. This heightened focus on transparency and ethical tax behavior is compelling companies to adopt robust tax compliance measures, further driving the demand for professional tax services. Moreover, economic factors such as the recovery from the global financial downturn and increased corporate profitability are enabling companies to invest more in tax strategies to optimize their tax liabilities.

Regionally, the corporate tax service market exhibits varied dynamics. North America, particularly the United States, is a significant market due to its complex tax environment and the presence of numerous multinational corporations. Europe also presents substantial opportunities, driven by stringent tax regulations and the ongoing efforts of the European Union to harmonize tax policies across member states. Meanwhile, the Asia Pacific region is witnessing rapid growth, fueled by the economic expansion of countries like China and India, which are implementing comprehensive tax reforms to attract foreign investments. The Middle East & Africa and Latin America are also emerging as important markets owing to increasing corporate activities and evolving tax landscapes.

Service Type Analysis

The corporate tax service market is segmented by service type into Tax Planning, Tax Compliance, Tax Advisory, and Others. Tax Planning services are pivotal for businesses aiming to optimize their tax liabilities through strategic financial planning. These services involve evaluating financial activities and developing strategies to minimize tax burdens within legal frameworks. The increasing complexity of tax laws and regulations necessitates expert tax planning to ensure businesses can leverage available deductions, credits, and incentives effectively.

Tax Compliance services, which include preparation and filing of tax returns, ensuring adherence to tax laws, and managing audits, are crucial for businesses to avoid penalties and legal issues. The demand for these services is driven by the increasing scrutiny from tax authorities and the necessity for timely and accurate tax filings. Companies, especially those operating in multiple jurisdictions, require comprehensive compliance services to navigate varied tax regimes and maintain good standing with regulatory bodies.

Tax Advisory services provide businesses with expert

China: Taxes on goods and services, percent of total revenue: The latest value from 2022 is 52.25 percent, a decline from 55.05 percent in 2021. In comparison, the world average is 37.61 percent, based on data from 95 countries. Historically, the average for China from 2005 to 2022 is 56.76 percent. The minimum value, 37.74 percent, was reached in 2007 while the maximum of 77.69 percent was recorded in 2005.

The Sales Tax Rate in China stands at 13 percent. This dataset provides - China Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The global Tax Big Data market is experiencing robust growth, driven by the increasing need for efficient tax administration and compliance among governments worldwide. The market, estimated at $15 billion in 2025, is projected to expand at a Compound Annual Growth Rate (CAGR) of 12% from 2025 to 2033, reaching approximately $45 billion by 2033. This expansion is fueled by several key factors. Firstly, governments are increasingly leveraging big data analytics to enhance tax collection, identify tax evasion, and improve the overall efficiency of their tax systems. Secondly, advancements in data integration, storage, and management technologies are enabling more sophisticated analysis of large tax datasets. Thirdly, the growing adoption of cloud-based solutions is providing scalability and cost-effectiveness for tax authorities. The market is segmented by application (Internal Revenue Service, Local Taxation Bureau) and type (Data Integration, Data Storage, Data Management, Data Service), with data integration and management currently dominating, reflecting the complexity of processing tax data. Key players, such as Digital China Information Service Company Ltd and Aisino Corporation, are heavily investing in R&D to improve their offerings and cater to the increasing demand for advanced tax big data solutions. Geographic growth is diverse, with North America and Asia Pacific currently showing the strongest performance, followed by Europe. However, developing economies in regions like Asia-Pacific are experiencing rapid growth, providing significant expansion potential in the long term. Challenges include data security concerns and the need for robust regulatory frameworks to ensure responsible data usage. The competitive landscape is characterized by both established players and emerging technology providers. Strategic partnerships and acquisitions are likely to become more frequent as companies strive to broaden their capabilities and market reach. Future growth will likely be driven by the increasing adoption of artificial intelligence (AI) and machine learning (ML) in tax analytics, enabling more proactive identification of tax risks and improved compliance. Furthermore, the rising adoption of blockchain technology for secure and transparent tax data management will shape future market dynamics. Overall, the Tax Big Data market presents significant opportunities for companies that can deliver innovative solutions addressing the growing demands of governments for more efficient, secure, and insightful tax administration.

In 2020, the tax rate for medium sized businesses in China was the highest at approximately 59.2 percent of all commercial profits. Contrastingly, the tax rate for medium sized businesses in Brunei was just eight percent of all profits in 2020.

China: Taxes on international trade, percent of total revenue: The latest value from 2022 is 2.87 percent, a decline from 2.94 percent in 2021. In comparison, the world average is 6.13 percent, based on data from 74 countries. Historically, the average for China from 2005 to 2022 is 2.7 percent. The minimum value, -15.84 percent, was reached in 2005 while the maximum of 5.03 percent was recorded in 2006.