Tax (1) stamp duty involved in A-share market

Investing in stocks in China will face two kinds of taxes, one is stamp duty.

According to the provisions of the tax law, the stamp duty when investing in stocks is borne by the seller, and the tax rate is one thousandth. For example, Zhang San has to pay stamp duty of 654.38+ 0000 yuan for selling stocks worth 6.5438+10,000 yuan.

There is no provision for reducing stamp duty. Unless you buy a stock and hold it forever and never sell it, you must pay it at the moment you sell it.

Personal income tax is divided into several categories, such as salary bonus, labor remuneration, rental income, dividend income, property transfer income and so on.

Dividends and bonuses obtained during the period of holding stocks belong to dividend income and belong to the scope of individual income tax collection, and the tax rate is generally 20%. For example, Zhang San holds 654.38+0000 shares of a company, and this year's dividend is 654.38+0 yuan per share, so Zhang San can get a dividend of 654.38+0000 yuan, and needs to pay personal income tax of 2000 yuan.

However, in order to encourage A-share investors to hold shares for a long time, the tax law has preferential policies. If the shareholding exceeds 1 month and is less than 1 year, it will be levied by half, and if it exceeds 1 year, it will be exempted.

Therefore, assuming that Zhang San holds 1 1,000 shares and sells them six months later, he only needs to pay the personal income tax corresponding to the dividend of 1 1,000 yuan; Those who hold it for more than one year and then sell it do not need to pay personal income tax.

In fact, people who sell stocks to gain income also need to pay personal income tax, which is called capital gains tax internationally, and the US stock market needs to pay it.

There is no special capital gains tax in China. The profit from selling stocks belongs to the income from property transfer in personal income tax, and the tax rate is 20%.

If the traded shares are not publicly traded in the A-share market, they must be paid.

For example, if Zhang San acquires 6,543,800 shares of an unlisted company, the consideration for each share is 654.38+ 00 yuan, and the expenditure of Party A is 654.38+00 million yuan. Three years later, he transferred 654.38+10,000 shares to Li Si. The transaction price per share was 15 yuan, and the total income was 1.5 million yuan.

In the process of transfer, if you make a profit of 500,000 yuan, you need to pay the tax of 654.38+10,000 yuan at the rate of 20%. Of course, if you sell 9 yuan per share, there will be a loss and no profit, so naturally you don't have to pay a tax.

The reason for this design is that China's capital market is not perfect and the participation of retail investors is high. If a tax is levied, it will not be very friendly to retail investors Retail investors lose money most of the time, and it is not too past to pay 20% of profits as tax once they earn it.

However, with the gradual improvement of China's capital market, it is only a matter of time before A-shares levy property transfer tax in the future. Of course, different tax rates can be adopted according to the holding time, just like the dividend tax.