What is dividend tax avoidance? Because fund dividends are not taxed, some institutions like to take advantage of this to avoid taxes, and they can get tax-free fund dividend income by buying funds on a large scale before fund dividends. And many fund companies are also very cooperative, because they can attract institutional funds to open accounts and form cooperative relationships. Even many small and medium-sized companies, in order to cooperate with others to avoid taxes, index funds have cleared their positions and paid dividends.

Can fund dividends be tax-avoided?

1, the dividend rate of most funds is low and the tax deduction effect is not obvious. The author consulted the tips of dividends paid by hundreds of funds since June. Most fund allocation schemes are "0. 1 yuan for every ten funds to 0.4 yuan", that is, the expected annualized expected rate of return is between 1%-4%. In the case of smooth operation, the tax deduction space is between 0.25%- 1% of the fund subscription amount. In addition, if we consider the subscription of some funds, there is still a question of whether cash is enough to buy funds.

2. At present, many securities investment funds in the market are linked to the secondary stock market, which is risky. Is it advisable to bear the risk of fund share floating caused by large fluctuations in the secondary market for a few tax deduction benefits? Moreover, there is the possibility that the price of the fund is * * before dividends (the demand for tax avoidance is large), and there is the possibility that the price will plummet after dividends (it will be sold off sharply for tax avoidance). In this case, can the losses caused by the decline in the net value of the fund (other than dividends) be borne?

3. This kind of tax avoidance has high requirements for operators. At present, closed, open and ETF funds are everywhere in the market, and the number of funds is tens of thousands. Judging from the distribution process, it usually takes three to five days from the date of announcement to the date of registration of rights and interests, and the time is relatively short. Operators are required to have high information mastery ability, operational ability and market risk control ability. Moreover, a lot of idle funds need to be purchased at any time on the books, which affects the efficiency of the use of working funds.

4. There are certain tax risks. Grass-roots tax bureaus in many places have extended this tax avoidance method to the State Administration of Taxation. The leaders of the State Administration of Taxation do not encourage this way, but have not yet formulated policies to plug its loopholes. In addition, from the declaration point of view, the "loss" caused by the fund share sale needs to be declared in a list, but from the accounting book, because the accounting meeting "declares but has not yet distributed cash dividends, it should be recognized as accounts receivable separately", there is no loss on the book. After the declaration of the list is passed, the annual declaration form is reduced, and it needs to be confirmed with the competent tax authorities to realize tax deduction.