(2) When natural person shareholders and securities investment funds transfer their shares after the base date, China Clearing Shanghai Branch calculates the actual tax payable according to the holding period, which is deducted from the personal fund account by securities companies and other share custody institutions and transferred to China Clearing Shanghai Branch, and transferred to the company account by China Clearing Shanghai Branch within 5 working days of the following month. The company will report and pay the tax to the competent tax authorities within the statutory reporting period of the month when it receives the tax. The specific actual tax burden is: if the shareholder's shareholding period is within 1 month (including 1 month), the dividend income is fully included in the taxable income, and the actual tax burden is 20%; If the shareholding period exceeds 1 month to 1 year (including 1 year), the temporary reduction of 50% will be included in the taxable income, and the actual tax burden will be10%; If the shareholding period exceeds 1 year, the dividend income will be temporarily exempted from personal income tax.
For qualified foreign institutional investors (QFII) shareholders who hold the shares of the Company, according to the Notice on Issues Concerning the Payment of Dividends, Bonuses and Interest by China Resident Enterprises to QFII issued by State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) on June 23, 2009 (Guo 2009[47]No.), the Company withheld and remitted the enterprise income tax at the rate of 65,438+00%. If the relevant shareholders think it is necessary to enjoy the tax agreement (arrangement) treatment of dividends and bonus income, they may apply for tax refund to the competent tax authorities on their own after obtaining dividends and bonuses according to regulations.
I. Dividends
Dividends usually refer to the company's after-tax profits, but those who receive dividends still have to pay income tax. Generally speaking, after the company distributes profits to shareholders, it forms the taxable income of shareholders, which needs to be paid separately by shareholders. So, how is the dividend tax paid?
How is the dividend tax paid?
Individual shareholders of 1 pay personal income tax at 20% of the dividends due, and dividends obtained from listed companies can be taxed at half.
Income from investment dividends obtained by resident enterprises from other resident enterprises is tax-free, and dividends obtained by foreigners do not need to be taxed.
Shareholders of overseas non-resident enterprises receive dividends from China resident enterprises in 2008 and beyond, and pay enterprise income tax at the rate of 10%.