Open a personal account in a bank and regularly exchange US dollars from China. Do individuals have to pay taxes? What is the tax rate?
Let me give a comprehensive answer to 1. Remittances are tax-free in China. 2. It is impossible to judge whether China's foreign exchange money is legal in China, only that it is remitted by a company or an individual. In order to control overseas hot money, the general administration of foreign exchange has restrictions on the amount remitted to your account by the company. Specifically, you can go to the local bank for consultation, and there is no such restriction on private remittance. 3. The fee for Western Union remittance between ABC and Postal Service is low, but there are few foreign outlets, which is contrary to that of China Bank. If you want to ask about the service charge for RMB exchange, it depends on the foreign exchange quotation of the day, and the bank quotation also includes the difference, that is, the handling fee. thank you