What is the tax rate of stamp duty in 2023?
Stamp duty is a tax that needs to be paid in economic activities. Domestic enterprises, institutions and individuals all need to pay stamp duty. Below is the stamp tax rate collected by the editor. Welcome to read and share. I hope everyone will like it.
What is the tax rate of stamp duty?
Purchase and sales contract scope: including supply, pre-purchase, procurement, purchase and sale, combination and collaboration, adjustment and other contracts; tax rate: 0.03% of the purchase and sale amount; tax Person: Contractor
Construction and installation project contract; Scope: including construction and installation project contract Tax rate: 0.03% decal based on the contract amount; Taxpayer: Contractor
Technology Scope of the contract: including technology development, transfer, consulting, service and other contracts; Tax rate: 0.03% decal on the amount stated; Taxpayer: Contractor
Scope of the loan contract: Banks and other financial organizations and borrowers ;Tax rate: decal based on 0.005% of the borrowed amount;Taxpayer: Contractor;Note: If the document is used as a contract, decal is applied according to the contract
Property leasing contract scope: including leasing houses, ships, aircraft, and motor vehicles , machinery, appliances, equipment, etc. contracts; tax rate: 1‰ (one thousandth) decal on the lease amount. If the tax amount is less than 1 yuan, a discount of 1 yuan will be applied; Taxpayer: Contractor
Scope of the warehousing contract: including warehousing and storage contracts; Tax rate: 0.1% of the warehousing and storage cost; Taxpayer: Contractor ;Explanation: If the warehouse receipt or warehouse receipt is used as a contract, decals will be applied according to the contract
Property insurance contract scope: including property, liability, guarantee, credit and other insurance contracts; Tax rate: decals will be applied at 0.1% of insurance premium income; Taxpayer: Contractor; Note: If the document is used as a contract, it will be decaled according to the contract
Business account book scope: Account books for production and operation; Tax rate: Account books recording funds, based on paid-in capital and capital reserve 0.05% decal on the total amount. Taxpayer: Bookkeeper
Scope of cargo transport contracts: including civil air transport, railway transport, maritime transport, inland water transport, road transport and combined transport contracts; tax rate: 0.05% decal on transport costs; taxpayer: Contractor; Note: If the document is used as a contract, it will be decaled according to the contract
Scope of property rights transfer documents: including property ownership and copyright, trademark exclusive rights, patent rights, proprietary technology use rights, etc.; tax rate: Decal at 0.05% of the stated amount; taxpayer: holder of the document
What is stamp tax?
Stamp tax is imposed on the execution of various taxable voucher documents in economic activities. There are two types of taxes levied: proportional and fixed stamp duty rates. The proportional tax rate is the ratio of the amount of tax payable to the amount of taxable vouchers, and there are five levels: one thousandth, five thousandths, three thousandths, 0.5 thousandths, and 0.3 thousandths. The fixed tax rate refers to the fixed tax amount for each taxable voucher.
What is the impact of the stamp duty reduction?
1. Reduce investors’ transaction costs. The current stamp tax rate for stock transactions is 1‰ of the transaction amount, which is charged when selling but not when buying. Stamp duty is reduced and transaction costs for stock investors are reduced. For example: if an investor sells 10 million stocks, he will need to pay stamp tax of 10000000_0.1% = 10000 yuan when selling. If the stamp tax is reduced to 0.05%, he will only need to pay stamp tax of 10000000_0.05% = 5000 yuan when selling. . The larger the transaction amount, the more significant the impact of stamp duty reduction will be.
2. Increase market activity. The reduction in stamp duty will, to a certain extent, reduce the transaction costs of investors, making retail transactions in the market more frequent and the market more active. On the other hand, stamp duty reduction will help reduce the burden on securities companies and reduce securities transaction costs, thus promoting the rise of the stock market. Especially for securities stocks, the reduction of stamp duty will make retail investors trade more frequently in the market, which will increase the commission income of securities companies, thereby driving the rise of securities stocks, which is a benefit to the brokerage sector.
3. Improve the stock market system. The upgrade or adjustment of any system is to improve the stock market system. For example, modifications to the trading system, dividend system, and issuance system are all upgrades of the system. Stock stamp tax is not available in many international mature stock markets. For example, stock markets in the United States, Japan, Singapore and other countries are exempt from stamp tax.
If the stamp duty on A-shares is reduced, it will also be an upgrade of the system, and it will be one step closer to abolishing stamp duty.
How to calculate stock stamp tax
The first thing everyone needs to know about stocks is that stock stamp tax is collected by the state. It is generally withheld by securities companies and is charged at 0.1% of the stock transaction amount. So let's take a simple example: Suppose an investor purchases a stock with stamp tax of 1,000 yuan, then the stamp tax required to be paid is: 1000_0.1%=1 yuan.
It should be noted that stock stamp tax is collected unilaterally, that is, no stamp tax is required for buying stocks, but stamp tax is required for selling stocks. When selling stocks, in addition to charging In addition to stamp duty, commission fees (minimum fee of 5 yuan, if less than 5 yuan, 5 yuan will be charged) and transfer fees will also be charged.
The stock transfer fee is generally charged at 0.001% of the stock transaction amount. When purchasing 1,000 yuan of stocks, the transfer fee charging standard is: 1000_0.001%=0.01 yuan. If the transaction amount is different, the substitution is also You can draw inferences from one instance.