The income from the author's remuneration is the balance of the income after deducting the expenses. The income from the author's remuneration is reduced by 70%. When the tax is withheld in advance, if the income is more than 4000 yuan each time, the deduction of expenses shall be calculated at 20% of the income. The income from the remuneration shall be the amount of tax withheld in advance, and the deduction rate shall be 20%. First, calculate the income: 10 million x 70% = 7 million. "The amount of income that should be paid tax: 7 million x (1 - 20%) = 5.6 million." Withheld tax: 5.6 million x 20% = 1.12 million. In addition, when an individual resident handles the settlement of annual comprehensive income, the amount of income from remuneration shall be calculated according to law, and shall be incorporated into the annual comprehensive income to calculate the tax payables. The tax shall be returned if it is excessive or supplemented if it is insufficient. However, based on the available information, the amount of tax withheld was 1.12 million. Read more exciting novels for free
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