Exchange rate, also known as foreign exchange rate, foreign exchange rate or foreign exchange market, refers to the exchange rate between two currencies, and can also be regarded as the value of one country's currency to another currency. Specifically, it refers to the ratio or parity between one country's currency and another country's currency, or the price of another country's currency expressed in one country's currency.

According to Article 9 of the "Notice of the State Administration of Taxation on Issuance" (Guo Shui Fa [2009] No. 3): If the withholding agent's external payments or due payments are in currencies other than RMB, When declaring withholding of corporate income tax, the taxable income shall be calculated by converting it into RMB according to the central parity rate of the RMB exchange rate announced by the state on the day of withholding.

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Response time: 2021-12-01. For the latest business changes, please refer to the official website of Ping An Bank.