If the total value of articles carried by permanent residents in People's Republic of China (PRC) is less than 5,000 yuan, and the total value of articles carried by non-resident passengers is less than 2,000 yuan, according to the provisions of the General Administration of Customs of China, articles belonging to passengers' personal use will be released duty-free. 1. What is the tax allowance? The tax allowance is also called the tax allowance. Refers to the amount of tax exemption in the total amount of taxable objects stipulated in the tax law. No matter how large the amount of tax object is, if it does not exceed the exemption amount, it will not be taxed; If it exceeds, it is necessary to tax the excess. Compared with the threshold, tax allowance is a more general care for taxpayers. Its purpose is often to take care of the most basic needs of taxpayers, so that the most basic needs of taxpayers will not be lost because of taxation. For example, China has stipulated the exemption amount in the individual income tax law. The law stipulates that "taxable income is the balance of monthly income minus 3,500 yuan (officially implemented in September, 1965, 438+0) (applicable to wages and salaries)." 2. Why should we set allowances? The purpose of stipulating the exemption amount is to take care of the minimum needs of taxpayers and make the tax burden more reasonable and fair. If there is a tax exemption amount, the tax exemption amount shall be deducted from the total taxable object of the taxpayer at the time of taxation, and then the taxable amount shall be calculated at the prescribed tax rate for the part exceeding the tax exemption amount. The exemption amount is different from the threshold. The threshold is to exempt part of taxable objects that have not reached the threshold, and tax the part that has reached or exceeded the threshold in full, while the exemption amount is to exempt the part that has not exceeded the exemption amount, and tax the part that has exceeded the exemption amount. 1985 The Interim Provisions on Bonus Tax of State-owned Enterprises, revised and issued by the State Council, People's Republic of China (PRC) in July, stipulates that all state-owned enterprises whose total wages are not linked to economic benefits shall be exempted from tax. Bonus tax will be levied if the standard salary exceeds four months. At that time, it was stipulated that the monthly standard wage was 60 yuan. Therefore, the bonus tax exemption amount of state-owned enterprises is 240 yuan, that is, enterprises whose annual per capita bonus does not exceed 240 yuan are exempted from bonus tax.