Does the company need to pay tax on the income from purchasing wealth management products?
Enterprises need to pay taxes on the income from purchasing wealth management.
1. From the enterprise's point of view, the enterprise considers the purchase of wealth management products as an investment behavior, which is usually regarded as a short-term or long-term investment in financial accounting. In this way, we can only consider the issue of paying enterprise income tax when obtaining investment income, and it is easy to avoid paying turnover tax;
2. Taxpayers believe that it is a market operation for enterprises to purchase wealth management products.
Second, analyze the details
Taxation is the main source of national fiscal revenue. Without it, the country will not function normally. A country has a home. Personal income tax is paid to adjust the personal income gap to prevent the income gap from being too large. At present, the main purpose of tax revenue in China is still to adjust income, especially to adjust high income.
Second, where should the company's income from purchasing wealth management products be included?
1. According to the current regulations, if the enterprise applies the new accounting standards, the wealth management products are accounted for through trading financial assets, and the interest during the holding period is accounted for through the investment income account; When it is recovered, it shall be debited to the bank deposit account and credited to the trading financial assets account.
2. If the enterprise still applies the original accounting system, the wealth management products will be accounted for in short-term investment accounts, and the interest received during the holding period will be treated as the investment cost reduction. At the time of recovery, the difference between the received amount and the book value, as well as the dividends and interests that have not been received and included in the receivable items, are included in the current profits and losses as investment gains or losses.