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 monthly corporate income tax revenue in China from May 2023 to May 2025. In May 2025, corporate income tax revenue in China amounted to about ***** billion yuan.

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.

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.

This graph shows the corporate income tax revenue in China from 2014 to 2024. In 2024, revenues from corporate income tax in China amounted to approximately *** trillion yuan.

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.

Hong Kong HK: Time to Prepare and Pay Taxes data was reported at 72.000 Hour in 2017. This stayed constant from the previous number of 72.000 Hour for 2016. Hong Kong HK: Time to Prepare and Pay Taxes data is updated yearly, averaging 78.000 Hour from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 78.000 Hour in 2011 and a record low of 72.000 Hour in 2017. Hong Kong HK: Time to Prepare and Pay Taxes 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. Time to prepare and pay taxes is the time, in hours per year, it takes to prepare, file, and pay (or withhold) three major types of taxes: the corporate income tax, the value added or sales tax, and labor taxes, including payroll taxes and social security contributions.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.

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.

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.

310,58 (100 million yuan) in 2020. Corporate Income Tax reflects relative taxes that the tax authorities collect,including corporate income tax in accordance with the PRC Enterprise Income Tax Provisional Regulations and expropriation of foreign-invested enterprises and foreign enterprises income tax collected in accordance with the PRC Foreign Investment Enterprise and Foreign Enterprise Income Tax Law . The corporate income tax of Hong Kong, Macao and Taiwan-invested enterprises that tax authorities collect is also included.

103.74 (100 million yuan) in 2019. Corporate Income Tax reflects relative taxes that the tax authorities collect,including corporate income tax in accordance with the PRC Enterprise Income Tax Provisional Regulations and expropriation of foreign-invested enterprises and foreign enterprises income tax collected in accordance with the PRC Foreign Investment Enterprise and Foreign Enterprise Income Tax Law . The corporate income tax of Hong Kong, Macao and Taiwan-invested enterprises that tax authorities collect is also included.

363,02 (100 million yuan) in 2021. Corporate Income Tax reflects relative taxes that the tax authorities collect,including corporate income tax in accordance with the PRC Enterprise Income Tax Provisional Regulations and expropriation of foreign-invested enterprises and foreign enterprises income tax collected in accordance with the PRC Foreign Investment Enterprise and Foreign Enterprise Income Tax Law . The corporate income tax of Hong Kong, Macao and Taiwan-invested enterprises that tax authorities collect is also included.

China CE: Restaurant: Tax data was reported at 3.157 RMB bn in 2018. This records a decrease from the previous number of 3.550 RMB bn for 2017. China CE: Restaurant: Tax data is updated yearly, averaging 3.308 RMB bn from Dec 2000 (Median) to 2018, with 12 observations. The data reached an all-time high of 3.905 RMB bn in 2015 and a record low of 0.170 RMB bn in 2000. China CE: Restaurant: Tax data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Wholesale, Retail and Catering Sector – Table CN.RJE: Catering Enterprise: Restaurant.

200.68 (100 million yuan) in 2019. Corporate Income Tax reflects relative taxes that the tax authorities collect,including corporate income tax in accordance with the PRC Enterprise Income Tax Provisional Regulations and expropriation of foreign-invested enterprises and foreign enterprises income tax collected in accordance with the PRC Foreign Investment Enterprise and Foreign Enterprise Income Tax Law . The corporate income tax of Hong Kong, Macao and Taiwan-invested enterprises that tax authorities collect is also included.

This graph shows the personal income tax revenue in China from 2014 to 2024. In 2024, revenues from personal income tax in China amounted to around 1.45 trillion yuan.

In 2023, the total fiscal contribution of the mobile ecosystem to the Chinese economy amounted to *** billion U.S. dollars. Value-added taxes, corporate taxes, employment taxes, and social security make up the fiscal contributions, with service VAT, sales taxes, and excise duties accounting for the largest share.

The data and programs replicate tables and figures from "Export Tax Refund and the Misreporting by Chinese Exporters", by Xinzheng Shi and Zhufeng Xu. Please see the ReadMe file for additional details.

The Personal Income Tax Rate in China stands at 45 percent. This dataset provides - China Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

China Catering Enterprise: Business Tax and Surcharges data was reported at 3.649 RMB bn in 2018. This records a decrease from the previous number of 4.834 RMB bn for 2017. China Catering Enterprise: Business Tax and Surcharges data is updated yearly, averaging 7.759 RMB bn from Dec 1998 (Median) to 2018, with 21 observations. The data reached an all-time high of 24.713 RMB bn in 2015 and a record low of 1.494 RMB bn in 1998. China Catering Enterprise: Business Tax and Surcharges data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Wholesale, Retail and Catering Sector – Table CN.RJB: Catering Enterprise: Financial Data.

This study examines the influence of the reduction in value-added tax (VAT) rates in China during 2018 and 2019 on corporate financialization. By employing a difference-in-differences model and utilizing data from Chinese A-share listed companies between 2017 and 2020, we assess the effects of tax reduction policies. Moreover, it achieves this outcome through three main pathways: alleviating financing constraints, boosting fixed asset investment, and weakening corporate financial arbitrage motives. Further analysis demonstrates that the inhibitory effect of VAT rate reduction on corporate financialization is more pronounced for non-manufacturing companies, businesses reliant on the basic tax rate as their primary revenue source, companies with low intermediate input rates, and those with a strong ability to shift the tax burden. Additionally, debt financing costs play a crucial role in moderating the relationship between tax reduction policies and corporate financialization. The conclusions drawn from this study provide valuable empirical evidence that can contribute to the refinement of VAT reduction policies and the prevention and resolution of financialization at the micro-level.