Top 10 Chinese regions with strong individual income tax revenue

chinadaily.com.cn | Updated: 2024-03-14

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Individual income tax revenue is closely related to people's income. News outlet Yicai released a top 10 ranking recently based on the 2023 budget performance and 2024 drafted budget of provinces, autonomous regions and municipalities.

The personal income tax revenue here only refers to the individual income tax revenue in the local general public budget revenue, excluding the part paid to the central government. The individual income tax revenue is shared between the central and local governments, and the central and local governments share it in a ratio of 60:40.

Zhejiang province ranked fourth on the top 10 list, with an individual income tax revenue of 58.26 billion yuan.