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Does the money fund have to pay taxes?
No, fund transactions do not need to pay any taxes, including stamp duty, fund capital gains income tax, fund dividend income tax, etc. Fund transactions only need to pay handling fees, including subscription fees, redemption fees and operating fees (management fees, custody fees and sales service fees).

Money fund is a kind of fund, which mainly invests in money market instruments, such as deposits, certificates of deposit, short-term bonds and central bank bills. Fund returns are determined by these investment targets, and money funds have the characteristics of high liquidity, low risk and stable returns.