Zhonglun Law Firm stated that the following common investment income obtained through overseas financial accounts is taxable, including: interest from overseas account funds; dividends from stocks invested in overseas accounts; capital gains from buying and selling stocks (including US stocks, Hong Kong stocks, etc.) in overseas accounts (i.e., stock trading income); income from trading virtual money; income from investing in financial products, etc. The applicable tax rate for the income from the above investment types is 20%. High-net-worth individuals may consider using family trusts and other methods to vest overseas assets under family trusts to avoid directly holding assets, thereby achieving tax planning objectives.
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Zhonglun Law Firm: The taxable scope of overseas income includes Virtual Money.
Zhonglun Law Firm stated that the following common investment income obtained through overseas financial accounts is taxable, including: interest from overseas account funds; dividends from stocks invested in overseas accounts; capital gains from buying and selling stocks (including US stocks, Hong Kong stocks, etc.) in overseas accounts (i.e., stock trading income); income from trading virtual money; income from investing in financial products, etc. The applicable tax rate for the income from the above investment types is 20%. High-net-worth individuals may consider using family trusts and other methods to vest overseas assets under family trusts to avoid directly holding assets, thereby achieving tax planning objectives.