Legal basis: Individual Income Tax Law of People's Republic of China (PRC).
Article 17 A handling fee of 2% shall be paid to the withholding agent according to the tax withheld.
Eighteenth specific measures for the collection, reduction and suspension of individual income tax on interest income from savings deposits shall be formulated by the State Council and reported to the NPC Standing Committee for the record.
Nineteenth taxpayers, withholding agents, tax authorities and their staff in violation of the provisions of this law, shall be investigated for legal responsibility in accordance with the "People's Republic of China (PRC) tax collection and management law" and other relevant laws and regulations.
Twentieth individual income tax collection and management, in accordance with the provisions of this law and the "People's Republic of China (PRC) tax collection and management law".