The purchase of wealth management products by enterprises belongs to investment behavior. According to the nature of the invested wealth management products, the tax regulations are different.
The financial products purchased are:
1. For the income during the holding period, VAT shall be paid according to the loan service;
2. If the income is transferred before the maturity date, the value-added tax shall be paid according to the transfer of financial commodities;
3. Hold-to-maturity redemption does not belong to the transfer of financial goods, and no value-added tax is levied;
4. Due to the "holding period income", the value-added tax is paid according to the loan principal and interest;
5. Hold-to-maturity redemption does not belong to the transfer of financial goods, and no value-added tax is levied;
6. Due to the "holding period income", VAT is not levied.
To sum up, when the Fund distributes dividends, bonuses and interest to individual investors, it will no longer withhold and pay personal income tax, which is the obvious difference between the Fund and stocks in terms of taxation and the origin of the income tax exemption advocated by the Fund. In addition, according to the current tax regulations, individual income tax is not levied on the difference income obtained by individual investors buying and selling stocks or fund units, but corporate income tax is levied.
Legal basis:
Article 26 of the Enterprise Income Tax Law
The following income of an enterprise is tax-free income:
(1) Debt interest income;
(two) dividends, bonuses and other equity investment income between qualified resident enterprises;
(3) A non-resident enterprise establishes an institution or place in China, and obtains dividends, bonuses and other equity investment income actually related to the institution or place from the resident enterprise;
(4) Income of qualified non-profit organizations.