tax to pay when outward passenger taking money more than the limit

Question

Hi! Can you please tell me the percent to pay in the name of tax when taking money out of China that is exceeding the limit?

Shan · Answer

Well, I have no idea of the tax rate. You may call the customs to find out.It is regulated that one passenger can take USD 5000 or CNY 20,000 at most. If the currency exceed the limit, you should apply for a Permit for Taking Foreign Currency out of the Customs Territory in advance, and declare the currency to the customs. Good luck!

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Tax to pay when Outward passenger taking money more than the limit