What is the marginal income tax rate?

Legal analysis: 45%. Marginal tax rate refers to the ratio between the tax paid to increase a certain income and the increase in income. The average tax rate here is relative to the marginal tax rate, which refers to the ratio of total tax revenue to total income. Under the condition of proportional tax rate, marginal tax rate is equal to average tax rate. Under the condition of progressive tax rate, the marginal tax rate is often greater than the average tax rate. The increase of marginal tax rate will also lead to the increase of average tax rate. The greater the marginal tax rate increases, the more the average tax rate increases, and the stronger the ability to adjust income, but the greater the anti-incentive effect on taxpayers. Therefore. By comparing the two, it is easy to see the progressive degree of tax rate and the change of tax burden.

Legal basis: Provisional Regulations of People's Republic of China (PRC) Municipality on the Administration of Tax Collection.

Article 6 A taxpayer engaged in production and business operation, carrying out independent economic accounting and approved by the administrative department for industry and commerce shall apply to the local tax authorities for tax registration within 30 days from the date of obtaining the business license. Other units and individuals with tax obligations, except those that do not need to go through tax registration according to the provisions of the tax authorities, shall go through tax registration with the local tax authorities within 30 days from the date when they become legal taxpayers according to the provisions of tax laws and regulations.

Article 8 When applying for tax registration, taxpayers shall submit the application registration report and relevant approval documents, and provide relevant certificates at the same time. The competent tax authorities shall, after examining the reports, documents and certificates listed in the preceding paragraph, register them and issue them with tax registration certificates. The tax registration certificate is for taxpayers' use only and may not be lent or transferred. The contents of tax registration include: the taxpayer's name, address, ownership form, affiliation, mode of operation, business scope and other related matters.