Due to the influence of interest rate, balance of payments, inflation, economic growth and other factors, the exchange rates of currencies in various countries often change, so what and how much foreign currency assets to keep to get the maximum income and less risk has become an important issue for investors. After the floating exchange rate system was implemented in the 1970s, Tobin did a lot of research, which caused great concern in the theoretical circle.
Extended data:
The tax rate is zero. In this link, not only do taxpayers not pay taxes, but also the taxes transferred from the previous link should be refunded, so that the tax rate can be zero. But in practice, the meaning of zero tax rate is not strict in the use of different taxes.
For example, income tax often corresponds to the tax exemption of taxable income, which shows zero tax rate. Of course, there is no problem of income tax conversion. Another example is the adjustment tax on the investment direction of fixed assets. The investment project with zero tax rate only refers to the tax exemption of the investment project itself, and all kinds of goods and services purchased by it actually include tax, and the paid value-added tax will not be refunded.
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