Rental Income Tax (Effective) in China compared to Asia

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Click name of country for detailed information
South Korea 0.00%
Thailand 2.73%
Japan 3.40%
Philippines 4.06%
China 5.00%
Georgia 5.00%
Myanmar 7.50%
Laos 7.50%
India 7.87%
Macau 8.76%
Mongolia 10.00%
Pakistan 11.40%
Hong Kong 11.40%
Azerbaijan 14.00%
Cambodia 14.00%
Sri Lanka 14.81%
Kazakhstan 15.00%
Singapore 15.13%
Indonesia 20.00%
Vietnam 20.00%
Uzbekistan 20.00%
Malaysia 22.40%
Nepal 25.00%
Taiwan 25.00%
Bangladesh 30.00%

China: Rental income taxes (%).

The tax levied on the average annual income on a rental apartment/property in the country.

Assumptions:

  • Gross rental income is /US$1,500/month
  • The property is personally directly owned jointly by husband and wife
  • Both owners are foreigners and non-residents
  • They have no other local income
  • There is no mortgage, i.e., no loan is taken for the purchase


In arriving at the pre-tax profit figure, we calculate, and deduct:

  • Depreciation / capital allowances if available. We assume a value for the apartment based on our valuation research, and depreciate on this basis.


We deduct any other costs which a landlord normally pays - management charges, buildings insurance, realtor agency fees, etc. We either choose a standard percentage deduction (if available) or typical actually incurred costs. If real estate tax is normally payable by the landlord, we deduct that.

Our rental income tax figures are provided by accountants (see list of contributors). For more details see the Data FAQ.

Source: Global Property Guide Research, Contributing Accounting Firms


China has poor house price statistics. The National Bureau of Statistics of China (NBSC) has monthly house price time-series starting January 2011 but only until August of 2013. Another source of house price indices is eHomeday, Shanghai's largest property market web site, which has time-series for Shanghai, Nanjing, Hangzhou, Beijing, Yangzhou and Suzhou (but the site is only in Chinese, and no time-series are available). Colliers International publishes useful housing data in their quarterly property market reviews. General economics statistics are available from the NBSC and the People's Bank of China.