Companies need to pay taxes on borrowing from shareholders. The registered capital of the company is 500,000 yuan. This year, I borrowed 2 million yuan from shareholders to the company account for operation. No loan agreement was signed and no interest was paid. -This is against common sense. Shareholders and enterprises have a close interest relationship, and the tax bureau will determine that enterprises avoid taxes on shareholders' interest income. Shareholders' interest income will be confirmed at a reasonable tax rate, so that enterprises can pay shareholders' personal income tax. Because the enterprise is the withholding agent of individual tax.

Legal objectivity:

Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases

first

The term "private lending" as mentioned in these Provisions refers to the financing behavior between natural persons, legal persons and unincorporated organizations.

These provisions shall not apply to financial institutions and their branches engaged in loan business established with the approval of the financial supervision department, as well as disputes arising from loans and other related financial businesses.