Current location - Loan Platform Complete Network - Local tax - How much tax do you have to pay if you make 10 million from stock trading?
How much tax do you have to pay if you make 10 million from stock trading?

There is no need to pay tax if you make 10 million from stock trading, because according to the "Individual Income Tax Law", the income from stock trading is income from property transfer, so no tax is required. There is only one tax on stock trading, which is stamp duty. Income from stock trading in the domestic stock market is exempt from personal income tax.

Stock transaction fees include:

1. Stamp duty: unilaterally charged, one thousandth (0.1%) of the selling transaction amount. 2. Transfer fee: only for the Shanghai stock market, 1 yuan is charged for every 1,000 shares, and 1 yuan is also charged for less than 1,000 shares. 3. Commission: Charged in both directions for buying and selling, 0.02%-0.3% of the transaction amount, starting at 5 yuan, and may fluctuate due to different securities companies.

Domestic stocks require two types of taxes, both of which are automatically deducted, so don’t worry. One is stamp duty, which is deducted at the time of transaction. The other is that when a company distributes dividends, tax is deducted automatically. Its tax rate changes according to the time deposit interest rate, and there is a calculation formula. There is no need to pay personal income tax when making money from stock trading, but everyone should note that commissions and transfer fees can fluctuate, which means that these two fees can be negotiated with the securities company.

Stock trading is the activity of buying and selling stocks. The core content of stock trading is to obtain profits through the difference in stock prices between buying and selling in the securities market. The rise and fall of stock prices changes according to market fluctuations. The reason why stock price fluctuations often have differentiated characteristics stems from the attention of funds.

Taxation is a standardized form in which the state participates in the distribution of social products, compulsorily, and obtains fiscal revenue free of charge in order to provide public products to the society, meet the common needs of society, and in accordance with the provisions of the law. . You have to pay taxes when you have sales. If it is a small-scale business and the sales exceed the local regulations (for example, 5,000 yuan in Zhongshan City), you have to pay taxes, so the business you do also needs to pay taxes.

(1) Taxpayers engaged in the production of goods or the provision of processing and repair: taxpayers who provide (hereinafter referred to as taxable services), and taxpayers who are mainly engaged in the production of goods or the provision of taxable services, and also engage in the wholesale or retail of goods Taxpayers with annual taxable sales of more than 1 million yuan; (2) Taxpayers engaged in wholesale or retail of goods with annual taxable sales of more than 1.8 million yuan.

Small-scale enterprises that have gone through tax registration and whose annual VAT payable sales do not meet the quantitative standards specified in the preceding paragraph have sound accounting and can accurately calculate output tax in accordance with the accounting system and the requirements of the tax authorities. , input tax and tax payable, you can apply to the competent national taxation authority for the formalities for identifying a general taxpayer of value-added tax.