Introduction to the calculation method of personal income tax on royalties. What is the calculation formula?

As for the personal tax issue on author remuneration, many accountants don’t know how it is calculated. Recently, Deep Space Network has received many similar questions in the background. Today, I will explain them to you one by one in detail. .

Method for calculating personal income tax on royalties

my country's relevant tax laws stipulate that for personal income tax on royalties or royalties, the tax rate is: a 20% proportional tax rate applies to royalties. , and reduce the tax payable by 30%.

Public remuneration income must be calculated and paid personal income tax based on the income obtained from each publication or publication.

The specific calculation method is as follows:

Personal income tax payable each time = taxable income × 20% × (1-30%)

Tax payable Income = amount of income per time (≤4000)-800

Amount of income per time (>4000)×(1-20%)

The amount of income per time from royalties shall not exceed If the amount is 4,000 yuan, 800 yuan of expenses will be deducted; if the amount is more than 4,000 yuan, 20% of the expenses will be deducted, and the balance shall be the taxable income.

The income obtained each time is determined according to the following regulations:

(1) Each time an individual publishes the same work (written works, calligraphy and painting works, photographic works, etc.) in the form of books, newspapers and periodicals, Other works), regardless of whether the publishing unit pays the royalties in advance or in installments, or pays the royalties after printing the work, the personal income tax shall be calculated and levied in one lump sum on the royalties. If the same work is published, published or republished in two or more places and the remuneration is obtained, the income obtained from each place or the reprinted income can be levied on individual income tax in installments.

(2) If the same work of an individual is serialized in newspapers and periodicals, all the royalties received from the serialization should be combined into one lump sum, and personal income tax shall be calculated and levied in accordance with the provisions of the tax law. Income from royalties obtained from publishing a book after serialization, or income from royalties obtained from publishing a book first and then serializing it, shall be regarded as reprinting royalties and shall be subject to individual income tax in installments.

(3) After the author dies, individuals who receive royalties for their posthumous works will be levied personal income tax based on the royalties.

For example:

A person received a fee of 20,000 yuan for publishing a novel, and then received another 10,000 yuan for printing.

First payment of personal income tax: 20,000×(1-20%)×20%×(1-30%)=2,240 (yuan)

Second payment of personal income tax (200010000)×(1-20%)×20%×(1-30%)-2240=1120 (yuan).