The fund will also pay dividends, and the time of fund dividends is not fixed. Generally speaking, dividends will only be paid if the fund is profitable. There are two main ways of fund dividend, namely cash dividend and dividend reinvestment. Then do you need to deduct the dividend tax when selling the fund after dividends? Let's get to know each other.

Should the dividend tax be deducted on the day the fund is sold?

The fund dividend itself is tax-free, so the fund will not be taxed on the day of sale, and the fund dividend itself is tax-free. In the case of fund dividends, whether it is dividend reinvestment or cash dividends, there is no need to impose a tax on investors. There is no charge for the cash dividend of the Fund, and there is no subscription fee for reinvesting the dividend of the Fund.

The fund dividend is to distribute a part of the net value that has risen before to investors, not extra, so there is no need to pay income tax. For example, when the net value of the fund is in 3 yuan, the dividend plan of 0.5 yuan/share is adopted. If the investor holds 654.38+00,000 shares, he will get a dividend of 5,000 yuan.

It should be noted that the fund dividend is to distribute a part of the fund's net value to investors, so the fund's net value of the fund unit will often drop after the dividend, but the total assets of the fund held by investors have not changed due to the dividend operation. Although the fund has no dividend tax, there are often handling fees when the fund is sold, but the handling fees of different fund companies are different.