1. At present, the tax system for financial assets is not perfect.
2. According to the law, it should be paid, but in fact, the trust company has no responsibility and obligation to bond or withhold the income when distributing it to you. Therefore, whether to pay taxes generally depends on whether you report it or not, which involves a question of consciousness.
Generally speaking, the purpose of trust products is debt investment and equity investment, and the income obtained by individuals should belong to "interest, dividend and bonus income", and personal income tax should be levied in full at the rate of 20% in accordance with the provisions of the Individual Income Tax Law and its implementing regulations. However, according to Article 2 of the Supplementary Notice of the Ministry of Finance of State Taxation Administration of The People's Republic of China on Individual Income Tax Policy on Dividends and Bonuses, withholding agents shall calculate the taxable income at a reduced rate of 50% when withholding the individual income tax of listed companies. In addition, according to the second paragraph of Article 4 of the Individual Income Tax Law, the interest on government bonds and financial bonds issued by the state is exempt from individual income tax.
To sum up, the income from the purchase of trust products is not taxed now.