I guess what you said should refer to the dividends and bonuses distributed by the invested company after tax, but not before tax. For enterprises that gain investment income, it is mainly the enterprise income tax, not the turnover tax (that is, business tax or value-added tax, etc.). ).
There are two situations:
(1) According to the new tax law in 2008, the after-tax investment income obtained from resident enterprises (that is, domestic registered enterprises) belongs to tax-free income. The basis of the tax law is: "Article 26 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; ...... "No matter whether the local tax rates of the two companies are different, there is no need to pay taxes.
(2) If it is a company that directly invests overseas (not only holding listed stocks) and then distributes the after-tax income, the tax paid by these incomes abroad can be regarded as "tax deductible for overseas income tax", and the enterprise income tax can be paid only after being deducted from the credit. The basis of the tax law is: "Article 24 Income from dividends, bonuses and other equity investments obtained by resident enterprises from foreign enterprises directly or indirectly controlled by them, as well as the part of the income tax actually paid by foreign enterprises abroad, can be used as deductible overseas income tax of resident enterprises and credited within the credit limit stipulated in Article 23 of this Law."
The specific calculation basis of the credit line is the Notice on Relevant Issues Concerning Tax Credit for Overseas Income of Enterprises (Caishui [2009] 125).
I hope it helps you!