1. Fund managers use funds to buy and sell stocks according to 4permil; Stamp duty is levied at the rate of 100%.
2. For investors (including individuals and enterprises, the same below) buying and selling fund shares, stamp duty will not be levied until after 1999. "
2. According to the Notice of People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China of the Ministry of Finance on Changing Stamp Duty on Securities Transactions into Unilateral Collection (Cai Shui Ming Dian [2008] No.2): "With the approval of the State Council, the Ministry of Finance of People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China decided to adjust the stamp duty collection method on securities (stocks) transactions from September 19, 2008. Stamp duty on securities (stocks) transactions, the existing A-share and B-share equity transfer documents written by transaction, inheritance and donation are levied on both parties at a rate of one thousandth, and adjusted to unilateral taxation, that is, the transferor of the A-share and B-share equity transfer documents written by transaction, inheritance and donation is levied with stamp duty on securities (stocks) transactions at a rate of one thousandth, and no tax is levied on the transferee. "