Those who pay income tax according to the proportion of individual income tax may declare it within one year.

2. Is it necessary to pay tax on the interest income of personal loans to the company?

The company shall withhold and pay taxes when calculating and paying interest. Whether personal loan interest should be taxed or not, according to the provisions of the Individual Income Tax Law, interest, dividends, bonus income, property lease income, accidental income and franchise income are subject to proportional tax rate, personal loan interest is subject to personal income tax at 20%, salary income is subject to excessive progressive tax rate, the tax rate is 3-45%, and the tax rate of remuneration income is 20%. Article 2 of the Individual Income Tax Law of People's Republic of China (PRC) stipulates that individual income tax shall be paid on the following personal income: (1) income from wages and salaries; (2) Income from remuneration for labor services; (3) Income from remuneration; (4) Income from royalties; (5) Operating income; (6) Income from interest, dividends and bonuses; (7) Income from property lease; (8) Income from property transfer; (9) Accidental income. Individual residents who obtain income from items 1 to 4 of the preceding paragraph (hereinafter referred to as comprehensive income) shall calculate individual income tax according to the tax year; Non-resident individuals who obtain income from items 1 to 4 of the preceding paragraph shall calculate individual income tax on a monthly or itemized basis. Taxpayers who obtain income from items 5 to 9 of the preceding paragraph shall calculate individual income tax separately in accordance with the provisions of this law.

3. How to pay tax on the interest income of personal loans to others? What is the basis?

According to the individual income tax law, the tax rate of interest income is 20%. You can declare it yourself in the current month or within one year.

4. Is the interest income of the bank taxable?

According to the relevant provisions of the tax law, the interest income of bank deposits obtained by taxpayers is not subject to business tax, but should be included in the taxable income of the current period to calculate and pay income tax.

Therefore, enterprises do not need to consider paying taxes when they receive interest on bank deposits, and can offset financial expenses in accounting treatment. Due to the reduction of financial expenses and the increase of total profits, the corresponding payable enterprise income tax has increased. Therefore, there is no need to consider the tax-related issues of deposit interest income. In addition, there is no case where the deposit interest income of enterprises and other units is withheld and remitted by banks. Only if a bank deposit account is opened in the name of an individual, the interest income earned by the individual shall be withheld and remitted by the bank that pays the interest.