In the capital market, it is a common phenomenon for shareholders to reduce their shares, including major shareholders, Dong Jiangao and venture capital shareholders. Then, when major shareholders reduce their holdings, will they pay taxes? Let's take a look.

do major shareholders have to pay taxes to reduce their holdings?

1. The shareholder whose major shareholder is a natural person

is not required to pay value-added tax and enterprise income tax. According to the provisions of Caishui [29] No.167, the personal income tax is levied at the rate of 2% according to the "property transfer income". Among them, 6% is turned over to the state treasury and 4% is retained by local finance. Therefore, local governments will give certain tax incentives to listed enterprises out of support for the development of local enterprises.

according to the relevant regulations of State Taxation Administration of The People's Republic of China, the personal income tax generated by the reduction of restricted shares after the lifting of the ban is collected and managed by the competent tax authorities where the securities institutions are located. The transferor is the taxpayer, and the securities institutions where the transferor opens an account are the withholding agents. Therefore, individual shareholders can choose regions with tax incentive policies to pay taxes by changing the place where securities are opened and then changing the place where they pay taxes.

2. The major shareholder is a shareholder of a limited liability company

The value-added tax rate for the transfer of financial goods in the value-added tax is 6%, and the tax rate applicable to small-scale taxpayers is 3% (the tax rate is reduced to 1% during the epidemic); Corporate income tax needs to be paid 25%; Personal income tax is 2%.

3. The major shareholder is the partner of the partnership

The value-added tax rate for the transfer of financial goods in the value-added tax is 6%, and the tax rate applicable to small-scale taxpayers is 3% (the tax rate is reduced to 1% during the epidemic); There is no need to pay enterprise income tax; The taxable item of "income from production and operation of individual industrial and commercial households" is applicable to the five-level excess cumulative tax rate of 5%-35%.

The above are some contents of tax reduction by major shareholders, hoping to help you.