How to calculate the tax basis of stamp duty

Calculation method of stamp duty: according to the nature of taxable documents, the tax payable is calculated according to the proportional tax rate or piece-rate quota respectively. The specific tax rate and tax amount shall be determined in accordance with the Stamp Duty Items and Tax Rates Table. Can be calculated in combination with the above contents.

legal ground

Article 1 of the Stamp Tax Law of People's Republic of China (PRC), which came into effect on July 1 2022.

Units and individuals that issue taxable vouchers and conduct securities transactions in People's Republic of China (PRC) are taxpayers of stamp duty and shall pay stamp duty in accordance with the provisions of this Law.

Units and individuals that collect taxable vouchers for domestic use outside People's Republic of China (PRC) and within China shall pay stamp duty in accordance with the provisions of this Law.

Article 4

The tax items and tax rates of stamp duty shall be implemented in accordance with the table of stamp duty items and tax rates attached to this Law.

Article 8

The taxable amount of stamp duty is calculated by multiplying tax basis by the applicable tax rate.

Article 8 The taxable amount of stamp duty shall be calculated by multiplying the tax basis by the applicable tax rate. Calculation of tax payable (1) For vouchers with proportional tax rate, the calculation formula of stamp duty payable is: tax payable = tax payable of taxable vouchers x applicable proportional tax rate.