1. Wealth management products that do not bear investment risks and collect fixed income, that is, so-called wealth management products with guaranteed capital and interest, should be regarded as loans, and business tax should be paid on the collected fixed income in accordance with the Financial and Insurance Law;
2. For the floating income with fixed capital preservation and no investment risk, that is, the so-called floating income wealth management products with fixed capital preservation, the floating income with fixed capital preservation shall be regarded as deposit interest income, and no business tax shall be paid;
3. Financial products that bear investment risks and obtain variable floating income, that is, the so-called floating income without capital preservation, should be regarded as investment income, and business tax is not paid.
Extended data:
The reason why enterprises have to pay taxes when buying bank wealth management products is
Enterprises believe that it should be an investment behavior for enterprises to buy wealth management products.
Enterprises buying bank wealth management products are generally regarded as short-term or long-term investments in financial accounting. From the enterprise's point of view, the benefits of this kind of accounting are obvious. Only enterprise income tax can be considered to obtain investment income, and the problem of paying turnover tax is easy to avoid.
Taxpayers believe that the purchase of wealth management products by enterprises should be a market operation.
As a tax worker, from the perspective of taxation, I think such financial accounting behavior of enterprises is inappropriate. Enterprises buying bank wealth management products should not be regarded as investment behavior, because whenever they invest, risks and benefits coexist, and enterprises will carefully evaluate them before investing, and there will indeed be investment losses. It is different for enterprises to buy bank wealth management products. Whether it is the choice of wealth management products or the purchase amount, enterprises have strong control over the purchase of wealth management products, which can effectively avoid risks. Therefore, few enterprises suffer losses because of purchasing bank wealth management products. Therefore, this paper holds that the purchase of wealth management products by enterprises is a profit-oriented market operation behavior, and the income obtained should be adjusted by turnover tax first, and then by enterprise income tax.