Current location - Loan Platform Complete Network - Foreign exchange account opening - Does the company need to pay tax on the purchase of foreign exchange of 654.38 billion baht?
Does the company need to pay tax on the purchase of foreign exchange of 654.38 billion baht?
The company's purchase of foreign exchange of 654.38 billion baht is not subject to tax. Foreign exchange transactions are tax-free foreign exchange income and do not need to pay personal income tax. Moreover, the foreign exchange administration is responsible for the declaration of international payments, and the tax declaration is the tax bureau. Regular foreign exchange platform deposits and withdrawals are completely free, and it is impossible and will not pay taxes. However, it should be noted that foreign company accounts are transferred to domestic individuals, and the foreign exchange declaration form filled out by individuals when they receive foreign exchange will be considered as the remuneration paid for labor services. Once it is considered as labor remuneration, it is necessary to pay a tax.