According to the fourth paragraph of Article 5 of the Provisional Regulations on Business Tax, the turnover is the balance of the selling price minus the buying price. The business of buying and selling foreign exchange, marketable securities, futures and other financial commodities mentioned in Item (4) of Article 5 of the Provisional Regulations on Business Tax refers to the provisions that taxpayers engage in the business of buying and selling foreign exchange, marketable securities, non-commodity futures and other financial commodities. When your company sells money funds, index funds or stocks traded in the market, it shall calculate and pay business tax based on the balance of the selling price minus the buying price, and pay dividends.

According to the Notice of the Ministry of Finance on Certain Preferential Policies for Enterprise Income Tax in State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) (Caishui (2008) 1No.), the income obtained by the Company from the distribution of securities investment funds is not subject to enterprise income tax for the time being.

The second paragraph of Article 26 of the Enterprise Income Tax Law, "dividends, bonuses and other equity investment income between qualified resident enterprises", refers to the investment income obtained by resident enterprises directly investing in other resident enterprises, which is not subject to control and restriction, but does not include the investment income obtained by continuously holding shares of resident enterprises publicly issued and listed for less than 12 months. The investment income obtained by a resident enterprise from continuously holding shares publicly issued and circulated by the resident enterprise for less than 12 months shall be incorporated into the taxable income of the current period to calculate and collect enterprise income tax. ?

According to the Notice of People's Republic of China (PRC) State Taxation Bureau on Printing and Distributing the Administrative Measures for Pre-tax Deduction of Enterprise's Asset Losses (Guo Shui Fa (2009) No.88), the losses incurred by enterprises in trading bonds, stocks, funds and financial derivatives through securities exchanges and inter-bank markets in accordance with relevant regulations belong to the asset losses calculated and deducted by enterprises themselves, and should be charged before tax according to the requirements of internal management control of enterprises, with relevant evidence such as asset accounting data, original vouchers and internal approval certificates.