New Display of Five Individual Incomes in Personal Income Tax App

According to TapTechNews on June 24, The Paper reported that in the Income Tax Payment Details of the Personal Income Tax App, five new individual incomes were added for display, namely business income; interest, dividends, and bonuses income; property rental income; property transfer income; and incidental income.

The tax hotline 12366 customer service said that these five individual incomes are indeed new display items added this year, mainly to allow people with the above individual incomes to query income and individual income tax details on the personal income tax app.

TapTechNews查询 found in the Personal Income Tax Law of the People's Republic of China that the individual incomes that should pay individual income tax include nine items, which are:

(1) Wages and salaries income

(2) Income from labor services

(3) Income from royalties

(4) Income from royalties for the use of特许权ises

(5) Business income

(6) Interest, dividends, and bonuses income

(7) Property rental income

(8) Property transfer income

(9) Incidental income

The 12366 customer service said that the settlement of final settlement refers to the annual settlement of comprehensive income of personal income tax, that is, the first four individual incomes mentioned in the Personal Income Tax Law. The five new individual incomes added this time mainly play the role of query and display, and do not change the way of settlement of final settlement.