Does the fund pay dividends and taxes?
In essence, funds buy a basket of investment products, stock funds mainly invest in stocks, and bond funds mainly invest in currencies.
For us, the dividends, bonus income and interest income of corporate bonds obtained from fund distribution are taxable, but these taxes have been withheld and remitted by listed companies and bond issuing enterprises when distributing dividends, bonuses and interest to the fund.
Therefore, when the Fund distributes dividends, bonuses and interest to investors, it will no longer withhold and remit personal income tax/corporate income tax. As for whether to levy value-added tax, the provisions of the local tax authorities shall prevail.
What are the conditions for fund dividends?
1 means that the fund can only be distributed after the current year's income makes up for the previous year's losses;
After the distribution of fund income, the unit net value cannot be lower than the face value;
(3) If the fund investment has a net loss in the current period, it cannot be distributed.
Generally speaking, at present, the dividend of the fund is tax-free for cash dividends, and it is exempt from handling fees for dividends. Neither of them needs to pay any other fees.