Notice Of The Ministry Of Finance And The State Administration Of Taxation On The Issue Of Personal Income Tax On Senior Experts' Extension Of Wages And Salaries Obtained During Retirement And Retirement

The departments of Finance (bureaus) and local taxation bureaus of all provinces, autonomous regions, municipalities directly under the central government and cities under separate planning shall be the state taxation bureaus of Tibet, Ningxia and Qinghai provinces (autonomous regions), and the Finance Bureau of the Xinjiang production and Construction Corps:

In recent years, some areas have reflected that the issue of the income tax policy for exempting senior experts from extending their wages and salaries during the retirement period needs to be further clarified.

After studying, the relevant policy issues are as follows:

1. The Ministry of finance, State Administration of Taxation, Circular on certain policy issues on personal income tax (fiscal tax words "1994" 20), second senior experts referred to in the seven (seven) terms of retirement extension refer to:

(1) experts and scholars who enjoy the special government allowances issued by the state;

(two) academician of Chinese Academy of Sciences and Chinese Academy of engineering.

Two. The senior experts extend the salary and salary income earned during retirement and retirement. The policy of exemption from personal income tax is implemented according to the following criteria:

(1) income from wages, salaries, bonuses, allowances and allowances paid to workers by the senior experts from the units where their labor and personnel relations are located are regarded as income from retirement and retirement and exempt from personal income tax.

(two) in addition to the above mentioned items mentioned in Item (1) above, all kinds of income from subsidies, such as training subsidies, tuition fees, consultancy fees, remuneration and so on, shall be collected according to the income of various experts in the above mentioned areas.

Three. Where a senior expert obtains more than two taxable wages, salary income and other circumstances where the tax law stipulates that he should declare tax on his own, he should pay tax returns to the competent tax authorities within the time limit prescribed by the tax law.

State Administration of Taxation of the Ministry of Finance

July 1st, two, eight