individual income tax
Personal income tax shall be levied at the rate of 20% on the income obtained by individuals from the transfer of restricted shares. The specific calculation formula is as follows:
Taxable amount = taxable income× 20% = [income from transfer of restricted shares-(original value of restricted shares+reasonable tax) ]× 20%;
Reduction of restricted shares:
First, adopt centralized bidding to reduce holdings.
1. If a major shareholder or a specific shareholder reduces its holdings through centralized bidding, the total number of shares reduced in any 90 consecutive days shall not exceed 1% of the total number of shares of the company.
2. If a shareholder who holds the non-public offering shares of a listed company reduces his holdings through centralized bidding, the number of reductions shall not exceed 50% of the number of non-public offering shares held by him within 65,438+02 months from the date when the restrictions on the sale of shares are lifted, except in accordance with the provisions of the preceding paragraph.
Shareholders of listed companies reduce their shares.
Second, take a block trade to reduce holdings.
1. If a major shareholder or a specific shareholder reduces its holdings by means of block trading, the total number of shares reduced in any 90 consecutive days shall not exceed 2% of the total shares of the company.
2. The transferor and transferee of a block transaction shall make clear the quantity, nature and price of the shares they buy and sell, and abide by the relevant provisions of these Detailed Rules.
3. The transferee shall not transfer the transferred shares within 6 months after the transferee.
Third, reduce the holdings through agreement transfer.
1. If the major shareholder reduces his/her shareholding or the specific shareholder agrees to reduce his/her shareholding, the transferee proportion of a single transferee shall not be less than 5% of the total shares of the company, and the transfer of price floor shall be implemented with reference to the provisions of block trading, except as otherwise provided by laws, administrative regulations, departmental rules, regulatory documents and the business rules of this Exchange.
2. If the major shareholders reduce their holdings by agreement and no longer have the status of major shareholders after the reduction, the transferor and the transferee shall abide by the provisions of Article 4 of these Rules on the proportion of the first payment reduction within 6 months, and perform information disclosure in accordance with the provisions of Articles 13, 14 and 15 of these Rules respectively.
Service.
3. After the shareholders reduce their holdings of specific shares through agreement transfer, if the transferee reduces his holdings of the transferred shares within 6 months, the transferor and the transferee shall abide by the provisions of the first paragraph of Article 4 of these Rules on the proportion of currency reduction.
Tax method for reducing the restricted shares:
(a) 36% of the total personal income tax (90% of the local tax retention) is levied according to the reduction of restricted shares. At present, it has the following two modes of operation:
1. Investors who reduce their holdings by less than 1 100 million yuan can enjoy 90% of the total local tax payable and return it to their superiors. Secondary taxation does not need to be enforced.
2. Investors who reduce their holdings by more than 6,543.8+billion can enjoy the return of the local retained total taxable amount, which needs to be collected twice (with the tax payment certificate).
(2) The reward for the reduction of restricted shares of natural person shareholders of listed companies shall be cashed within 7 working days after all taxes are paid and put into storage (generally, tax declaration and liquidation shall be made before 15 of the following month).
Taxable income = income from transfer of restricted shares-(original value of restricted shares+reasonable tax)
If the taxpayer fails to provide complete and true proof of the original value of the restricted shares in time, the original value and tax of the restricted shares shall be verified according to 65438+ 05% of the transfer income of the restricted shares.
After the personal income tax withheld and remitted by the relevant company is turned over to the local tax department account within the specified time, according to the relevant provisions of the state, the tax department must turn over 60% of it to the state treasury and 40% to the local finance. 90% of the retained part of local finance can be returned to customers. (Actual individuals only pay 20%-20% x40%x 90%= 12.8%)
The above is how to pay a tax on the reduction of restricted shares. Today, the sharing of Zhi Shuo Bian Xiao is here. If you have any questions about how to pay a tax on the reduction of restricted shares, please feel free to contact Shanghai Zhishuo Enterprise Management Group Co., Ltd..