Guangdong is the top region by revenue from corporate income tax in China. As of 2021, revenue from corporate income tax in Guangdong was 2,111.31 100 million yuan that accounts for 13.68% of China's revenue from corporate income tax. The top 5 regions (others are Shanghai, Jiangsu, Zhejiang, and Beijing) account for 53.19% of it. China's total revenue from corporate income tax was estimated at 15,437.04 100 million yuan in 2021.
The description is composed by our digital data assistant.Corporate Income Tax reflects relative taxes that the tax authorities collect,including corporate income tax in accordance with the PRC Enterprise Income Tax Provisional Regulations and expropriation of foreign-invested enterprises and foreign enterprises income tax collected in accordance with the PRC Foreign Investment Enterprise and Foreign Enterprise Income Tax Law . The corporate income tax of Hong Kong, Macao and Taiwan-invested enterprises that tax authorities collect is also included.
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