5. Income from royalties, interest, dividends, bonuses, property leasing, property transfer, accidental income and other income shall be subject to a proportional tax rate of 20%. ?
Dividend distribution refers to the company's distribution of dividends to shareholders, which is part of the profit distribution of enterprises, and dividends belong to the after-tax net profit distribution of the company.
Dividend distribution involves many aspects, such as the determination of various dates in dividend payment procedures, the determination of dividend payment ratio, the determination of dividend payment form, and the determination of the way to raise funds needed for cash dividend payment.
The most important thing is to determine the dividend ratio, that is, how much surplus is used for dividends and how much surplus is retained by the company (called internal financing), because this may have an impact on the price of the company's stock.
Extended data:
Influencing factors of dividend distribution policy formulation
legal binding
1, capital preservation limit
It is stipulated that the company cannot use capital (including share capital and capital reserve) to pay dividends. Paying dividends cannot reduce the legal capital. If a company's capital has been reduced or reduced by paying dividends, it can't pay dividends.
2, the enterprise accumulation restrictions
In order to limit the arbitrariness of the company's dividends, according to the law, the company's after-tax profits must first be drawn from the statutory reserve fund. In addition, companies are encouraged to withdraw any provident fund. The statutory reserve fund can only be withdrawn when it reaches 50% of the registered capital. The net profit after the withdrawal of the statutory provident fund can be used for dividends.
3. Restrictions on net profit
Only when the accumulated annual net profit of the company is positive can dividends be paid, and the losses in previous years can be fully compensated.
4, the limit of excess accumulated profits.
Because the income tax paid by shareholders when they accept dividends is higher than the capital gains tax on their stock transactions, many countries stipulate that the company should not exceed the accumulated profits, and once the retained profits of the company exceed the legally recognized level, additional taxes will be levied. The laws of China have not made any restrictions on the accumulated profits of the company.
5, unable to pay the restrictions
Based on the protection of creditors' interests, if the company has been unable to repay its debts, or paying dividends will make the company lose its solvency, it cannot pay dividends.
Baidu Encyclopedia-Dividend Distribution