Current location - Trademark Inquiry Complete Network - Tian Tian Fund - Do I need to pay tax on bank financial products purchased by enterprises?
Do I need to pay tax on bank financial products purchased by enterprises?

Yes, the reasons are as follows: Enterprises believe that the purchase of financial products by enterprises should be regarded as investment behavior. When enterprises purchase bank financial products, they are generally regarded as short-term or long-term investments in financial accounting. From the perspective of the enterprise, the benefits of such accounting are obvious, and investment income can be obtained.

Just consider paying corporate income tax and you can easily avoid paying turnover tax.

Tax personnel believe that the purchase of financial products by an enterprise should be considered a market operation. As a tax worker, from a tax perspective, I believe that such financial accounting behavior by enterprises is inappropriate.

The purchase of bank financial products by enterprises should not be regarded as investment behavior, because in any investment, risks and opportunities for returns will coexist. Enterprises will carefully evaluate before investing, and investment losses will indeed occur.

The purchase of bank financial products by enterprises is different. Regardless of the choice of financial products or the amount of purchase, enterprises have strong control over the purchase of financial products and can effectively avoid risks. Therefore, few companies are interested in purchasing bank financial products.

There was a loss due to the product.

Therefore, this article believes that the purchase of financial products by enterprises is a market operation behavior for the purpose of profit, and the income obtained should be regulated by turnover tax first, and then by corporate income tax.

Extended information: Tax law is the general term for various tax regulations.

It is the legal basis for tax authorities to collect taxes and taxpayers to pay taxes.

Tax laws include tax laws, regulations, tax rules, implementation rules, collection methods and other tax-related provisions.

Tax laws are formulated and promulgated by the national legislative body, or by state agencies authorized by the national legislative body.

Generally speaking, the main tax regulations are reviewed and approved by the National People's Congress, promulgated and implemented; tax regulations (drafts) and collection methods are reviewed and adopted by the State Council, promulgated and implemented; the tax law implementation details are promulgated by the Ministry of Finance in accordance with the basic tax regulations

Make explanations and detailed regulations; the collection and exemption of local taxes and the specific collection and management system of each tax are generally stipulated by the Standing Committee of the Provincial People's Congress or the Provincial People's Government.

Tax law consists of some basic factors: taxpayers, taxable objects, and tax rates.

Other factors include: tax payment links, tax payment deadlines, tax reductions and exemptions, and violations.