Now the Internet financial products emerge in an endless stream, then gains whether to pay personal income tax? The industry said, "the balance of treasure" the Internet financial products and related funds linked, similar to the purchase of ordinary fund product, do not need to pay a tax. So, what are the financial products are exempt from tax?
A, education savings
According to state regulations, "the education savings deposit interest on personal income, exempt from personal income tax".
Education savings into one year, three years or six years three, the minimum amount of 50 yuan, the highest limit for 20000 yuan principal together. Education savings mode using the real name system, accounts for the fourth grade primary school (School of object containing the fourth grade students above).
Two, treasury bonds, special financial bonds
According to the provisions of the tax law, the special national debt and financial debt is two can be exempt from personal income tax debt products only. So the general even corporate bond coupon interest rate slightly higher than the bond coupon interest rate, but the actual income tax rate after but was lower than the latter.
Three, insurance and financial products
According to the provisions of the relevant laws and regulations of China, residents can enjoy preferential three tax on insurance:
One is the enterprise and individual extraction and pay to the designated financial agency in accordance with the provisions of the state or local government in the proportion of housing provident fund, medical insurance, regardless of the personal current wages, salary income, exempt from personal income tax; two is due to insurance compensation is compensation for personal accident suffered losses, do not belong to the individual income, exempt from personal income tax; three is paid in accordance with the provisions of the state or the local government at the provincial level in the proportion of housing provident fund, medical insurance, pension insurance and unemployment insurance funds deposited in bank interest income personal account is made, shall also be exempted from individual income tax.
Four, the fund income
Funds to individual investors dividends, dividends, interest, no longer withhold the individual income tax, this is the fund and the stock obvious differences in respect of taxation. In addition, the difference of income of individual investors to buy and sell stock or fund unit are obtained, according to the current tax rules are temporarily not levying personal income tax, the Levy of enterprise income tax.
Five, the renminbi, foreign exchange financial products
RMB financial products and foreign exchange financial products, temporary exemption from income tax. RMB and foreign exchange financial products belong to financial expert. Compared with other financial products, the biggest advantage of RMB financial and foreign currency financing is bank master some only banks can enter the field of investment, ensure that can get higher income, and can avoid a lot of market risk, but poor liquidity.
Six, trust products
Trust is a kind of financial trust products issued by the client, it refers to the trustee based trust, will the property to the trustee, the trustee according to the intentions of the trustor, in its own name, for income people interests or specific purpose for property management. The current state of trust income not the collection of personal income tax.
