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Is the individual tax salary deducted from social security?
Legal basis: Article 1 of the Notice of State Taxation Administration of The People's Republic of China of the Ministry of Finance on Individual Income Tax Policies for Basic Endowment Insurance, Basic Medical Insurance, Unemployment Insurance and Housing Provident Fund "The basic endowment insurance, basic medical insurance and unemployment insurance actually paid by enterprises and institutions according to the payment ratio or method stipulated by the state or the people's governments of provinces (autonomous regions and municipalities directly under the Central Government) are exempt from individual income tax; The basic old-age insurance premium, basic medical insurance premium and unemployment insurance premium actually paid by individuals according to the payment ratio or method stipulated by the state or the people's governments of provinces (autonomous regions and municipalities directly under the Central Government) are allowed to be deducted from the taxable income of individuals, and the social insurance premium paid by individuals in social security centers can be deducted before tax.
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