Stamp duty is not required for stock pledged repurchases.

1. Definition:

Stamp duty is a tax levied on the act of establishing and receiving legally valid certificates in economic activities and economic exchanges. It got its name from the fact that tax stamps are affixed to taxable certificates as a sign of tax payment.

2. Taxpayers:

Taxpayers of stamp duty include enterprises, administrative units, public institutions, military units, social groups, and others established in China and receiving required economic certificates. units, individual industrial and commercial households and other individuals.

3. Tax exemption:

The following vouchers are exempt from stamp duty:

(1) Copies or transcripts of vouchers for which stamp duty has been paid, but are treated as originals. Except for those;

(2) Documents issued by the property owner donating the property to the government, social welfare units and schools that support orphans, elderly and disabled people;

(3) The state Agricultural and sideline product purchase contracts signed between the designated purchase department and village committees and individual farmers;

(4) Interest-free or subsidized loan contracts; (5) Foreign governments, international finance Contracts written by organizations to provide preferential loans to the Chinese government and national financial institutions;

(6) Property rights transfer documents signed by enterprises due to restructuring;

(7) Farmer majors The purchase and sale contract for agricultural products and agricultural production materials signed by the cooperative and its members;

(8) The lease contract signed by the individual for renting or leasing housing, the low-rent housing, economically affordable housing management unit and the low-rent housing, Vouchers related to affordable housing, vouchers related to low-rent housing tenants and affordable housing purchasers and low-rent housing and affordable housing.

The following items are temporarily exempt from stamp duty:

(1) Insurance contracts for agricultural and forestry crops and animal husbandry;

(2) Issuance of books, newspapers and periodicals Certificates written between units, issuing units, subscribing units, and individuals;

(3) Investors buy and sell securities investment fund units;

(4) Approved by the State Council and the Provincial Government The people's government at the same level decides or approves the decoupling of government and enterprises, the reorganization of enterprises (groups), changes in management systems, changes in corporate affiliations, restructuring of state-owned enterprises, revitalizing the assets of state-owned enterprises, and the free transfer of state-owned equity;

(5) Individual sales and housing purchases.