Obtaining Compensation Is Subject To Personal Income Tax At 20% Tax Rate.

clothing

The factory was set up in March 2009, and a total of 3 business partners, each of whom has invested 200 thousand yuan in cooperation.

In less than two years, the clothing factory has been operating in a vivid and colorful manner, and more and more orders have been received, and the scale of the garment factory has been expanding.

In May 2010, one of the business partners, Zhang Zhang, could not continue to cooperate with the remaining 2 shareholders for personal reasons. He decided to quit, and the garment factory compensates Zhang Zhang for 500 thousand yuan in the name of compensation.

pool

Income from the pfer of shares, liquidated damages, compensation, compensation and other funds recovered from the invested enterprises or cooperative projects, other investors of the invested enterprises and the business partners of the cooperative projects are all taxable income from personal income tax. The personal income tax should be calculated according to the provisions of the "pfer of property income tax" project.

Zhang Zhang, a company's sole agent, is responsible for the payment of compensation from the clothing factory for personal reasons for ending the operation of the garment factory. It belongs to the item of personal income tax payable in the document. It should be calculated according to the applicable provisions of the "pfer of property income tax".