How much tax does a personal studio usually pay?

The tax standard for individual studios is 3% value-added tax, 0.3% additional tax, and 20% enterprise income tax for studios with small and micro enterprises; If the studio income belongs to personal income, you need to pay 3.5% personal income tax. The tax on individual studios is also approved, and you can apply for approval.

legal ground

Article 4 of the Enterprise Income Tax Law

The corporate income tax rate is 25%. The tax rate applicable to non-resident enterprises obtaining the income specified in the third paragraph of Article 3 of this Law is 20%.

Article 5 of the Enterprise Income Tax Law

The total income of an enterprise in each tax year, after deducting non-taxable income, tax-free income, various deductions and losses allowed to make up in previous years, is the taxable income.

Article 28 of the Enterprise Income Tax Law

Small and low-profit enterprises that meet the requirements shall be subject to enterprise income tax at a reduced rate of 20%. High-tech enterprises that need special support from the state shall be subject to enterprise income tax at a reduced rate of 15%.