Does the commission income obtained by securities brokers belong to labor remuneration?

1. The commission income earned by securities brokers belongs to labor remuneration. After deducting exhibition expenses and tax increase, the income is included in the comprehensive income of this year, and personal income tax is calculated and paid. The exhibition expenses of insurance salesmen and securities brokers are calculated at 25% of their income. When withholding agents pay commission income to insurance market operators and securities brokers, they shall calculate the withholding tax according to the cumulative withholding method stipulated in the Measures for Withholding and Paying Individual Income Tax (Trial) (AnnouncementNo.: 2004/2005). 6 1). Labor remuneration shall be paid according to the quantity and quality of service labor.

2. Definition of labor remuneration income. Income from remuneration for labor services refers to the income of individuals who independently engage in various non-employment services, including design, decoration, installation, drawing, laboratory testing, testing, medical treatment, law, accounting, consulting, translation, manuscript review, calligraphy, painting, sculpture, film and television, audio recording, video recording, performance, performance, advertising, display, technical services and brokerage services. Pay personal income tax according to the "income from labor remuneration" obtained by part-time. Personal income tax shall be withheld from the remuneration paid by a lawyer to engage others in work in his own name as "income from labor remuneration". For the convenience of operation, his law firm can pay taxes to the state treasury. The commission income earned by insurance salesmen and securities brokers belongs to "labor remuneration income".

1. According to the Notice of State Taxation Administration of The People's Republic of China, Ministry of Finance of People's Republic of China (PRC) on Revising the Connection of Preferential Policies of Individual Income Tax Law (Caishui [20 18] 164), the withholding unit shall calculate and pay individual income tax on the commission income obtained by insurance salesmen and securities brokers according to the cumulative withholding method. Combined with the relevant provisions of the Individual Income Tax Law and its implementing regulations, the specific calculation formula for withholding individual income tax by cumulative withholding method is: current withholding (cumulative withholding taxable income) × withholding rate-quick withholding)-cumulative tax reduction and exemption-cumulative withholding. Cumulative withholding taxable income = Cumulative income-Cumulative withholding expenses-Cumulative deduction of other deductions.

2. Among them, the income is calculated by subtracting 20% of the income balance after deducting the value-added tax, the accumulated deduction fee is calculated by multiplying the taxpayer's working months by 5000 yuan/month in the current year, and other deductions are calculated by the participation fee, additional tax and other deductions determined according to law, in which the exhibition fee is calculated by 25% of the income. The withholding rate and quick deduction in the above formula shall be implemented in accordance with the Measures for the Administration of Individual Income Tax Withholding Rate (Announcement No.665438 of State Taxation Administration of The People's Republic of China +0) 1. Measures for the withholding and declaration of labor remuneration, royalties and personal income tax.