单选题

Mr Wu and Ms Yu are partners in a partnership business providing consultancy services sharing profits equally. In 2017, the partnership generated profit of RMB500,000 (assuming that there is no tax adjustment). They agreed Mr Wu would not draw any profits from the partnership in 2017.

What is the amount of individual income tax (IIT) payable by Mr Wu in 2017?

【正确答案】 A
【答案解析】

RMB58,050 ((500,000 ÷ 2 – 42,000) x 35% – 14,750)