Tag: government

Will I still be taxed if I gift RMB 2.44 million to my children within one year?

A parent donated RMB 2.44 million to each of his two children. Since each child did not exceed the annual tax exemption, no special declaration of gift tax was made. After verification by the National Taxation Bureau, because the total amount of gifts exceeded 2.44 million yuan, the company was required to pay the excess gift tax of 10%, totaling 244,000 yuan. What exactly is the problem?

Essential household appliances in northern Taiwan: A guide to purchasing an energy-saving and efficient dehumidifier

The climate in northern Taiwan is humid, especially in winter due to the influence of the northeast monsoon. Dehumidifiers have become a must-have household appliance. When purchasing dehumidifiers, you should give priority to "first-class energy-saving" models, and use government subsidies and shopping festival discounts to reduce electricity bills and purchase costs. For example, choosing a dehumidifier with a capacity of 9 liters is cost-effective, suitable for general room use, and provides continuous drainage function to enhance convenience. Excessive moisture affects health and quality of life. Taking advantage of promotions to upgrade older models is the best time to create a dry and comfortable home.

The threshold for comprehensive income tax exemption has been relaxed, and as long as you earn not enough, you will be exempted from paying tax.

The tax exemption threshold for 2025 is clarified. There are three categories that do not need to pay tax: 1. The annual income of a single person is less than 626,000 yuan. 2. A two-income couple with no children has an annual salary of less than 1.072 million yuan. 3. For a family with two preschool children, the annual income is less than 1.641 million yuan.
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