129779408073906250_54Recently, the Chairman of the China Securities Regulatory Commission said Guo Shuqing, SFC is preferential tax policy discussion on the sector and the capital market. The overseas edition of people's daily also published an article saying that should cancel dividends dividend tax.
This directly caused the market trend bullish expectations. Red tax canceled calls continued for a long time, a stock market tax problems have been investor concerns over the topic. TheseNational "two sessions" has cancelled the red on the profits of the relevant proposals and recommendations. 2010 Assistant President Zhu congjiu, General Manager, Member of the National Committee of the SFC in the optimization of direct financing of tax policies for capital market development in the proposal, recommended the removal of individual investors, Fund upon receipt of the cash dividend payment of income tax, cash dividends of listed companies to eliminate double taxation and tax burden does notAre problems. During the two sessions this year
tera gold, former Vice Chairman of the SFC fan Fuchun and Secretary for Guangdong securities such as Hou Wailin number of NPC deputies and CPPCC members raised the tax cuts proposed in the securities market. The current market in a period of shock adjustment, reduced stock market taxes will no doubt have a positive impact on the market. Is also based on returns to investors of great importance to the work of the SFC, in two sessions of this year, the "enhancedReturn and protect the rights and interests of investors "was included for the first time in 20 years the Government work report. Market on the canceled stock red calls for profit has been very high. Industry insiders told the China business newspaper said the stock red-increased profits tax is the greatest controversy lies unfair double taxation and taxes. At present, private investors from the cash dividends of listed companies by 10% tax. InvestmentBook cash income is derived from the actual 90% of the bonus amount. Ex-dividend date and dividends, dividend stocks open reference implementation is according to the 100% of the dividend amount. This stock has not opened, stock account market value has shrunk of investors. In addition, cash dividends from after-tax profits of listed companies, that is, to pay enterprise income tax of profits, and individualsInvestors, Fund upon receipt of dividends also need to pay personal income tax at a rate of 10%, double taxation caused cash dividends. However, in addition to individual investors, Fund and other investors, such as corporate, Enterprise, receiving dividends of listed companies but do not have to pay taxes.
Resulting tax burden between different investors do not have. In addition, some listed companies do notRed attributed to red-increased profits tax is imposed that is not reliable, but also some listed companies cannot be ruled out is using this as an excuse not to pay dividends to investors.
If you cancel red profits, this is not an excuse to fly does not exist. In 2008 when the stock market fell sharply, cancel the Red tax calls for four, but could not be implemented. Pi Haizhou financial commentators believe that red-increased profits tax is value investmentGreat subversion of Chinese philosophy. Because red profits, dividends of listed companies, the more investors to pay more taxes, and, the more investors ' loss of market value. Only not dividends of listed companies, investors will not have to pay red the profits brought about by the loss.
Therefore, in order to promote rational investment, such a distorted red the profits of stock market investment idea must be abolished as soon as possible. Stamp duty isDispute at present only the stamp duty on stock transactions in the capital market and stock red the profits of the two taxes, stamp duty and have always been important part of stock market tax. Statistics show that since its 1993 stamp duty on stock transactions under the Central, 19 years accumulated a 684.8 billion yuan. 2007 history the highest amount of stamp duty of 206.2 billionYuan, 7.43% of central fiscal revenue of the year. Even though the 2011 stock market drop of more than 20%, more than 80% investor losses, stamp duty still contributed 43.845 billion yuan, accounting for 0.5% per cent of tax revenues. Huzhi is close to zero per cent over the past decade
tera power leveling, but shareholders contributed 387.4 billion dollars to brokers ' commissions, paid for the State 5388.9Stamp duty of $ 100 million, and cumulative dividend of listed companies is only $ 750 billion over the same period. Stock market return on dividends to shareholders might not be enough offset transaction costs. On March 23, this reporter learned from the Ministry of 2012 budget stamp duty on stock transactions for the $ 45 billion, increased number of implementation in 2011 2.472 billion yuan, an increase of 5.8%. Based primarily on equities are expectedEasy placement. From an international point of view, although policies vary from stamp duty on stock around
tera gold, but tax reduction is the general trend. CPPCC National Committee member, former National Bank Deputy Governor Liu Kegu, also pointed out, development of capital markets in China for more than 20 years, has accumulated a certain amount of experience, China's economy is in a stable state, now is the opportunity to promote reform, should be timelyLower the stamp duty on stock taxes. However, Wuhan University of science and technology, Director of the Finance Institute Dong Dengxin in an interview with reporters, said: "the tax burden of China's a-share investors currently close to zero taxes, stamp duty is only single collection, and the tax rate is only 1%. Almost negligible, and Red the profits from statutory 20% to half, fall reaches 50%��
"President of yanjing overseas Chinese University said Watson, now lower stamp duty has been reduced, continues to reduce the stamp duty is not conducive to encouraging long-term investment, so if the preferential tax policies, might cancel the dividend tax. As an investor, senior shareholder Mr Wang told the China business newspaper said: "the dividend tax relief, shareholders can pay less, this is a real advantage,But if you think it can give investors focus on investment, that's not reality. "Ping an securities senior analyst Liu believes that strengthening the dividends of listed companies, dividend tax relief, for higher returns on stock market as a whole will certainly have positive effects, but this is not a stock market" sticking points ". To make a share real investment value, the key is to promote market-oriented reforms, strengtheningBinding of the market, for more outstanding companies to tap capital markets platform development; from the system at the same time resolve the "three high" issue, and other issues, so that investors can buy the "value for money" stock. Online statement Gold: gold online reprint of the above content, does not indicate that confirm the description, for investors ' reference only and does not constitute investment advice. Investor operations accordingly, at your own risk.
Others:
No comments:
Post a Comment