Taxation of game virtual currency transactions
Publish: 2021-05-11 15:42:56
1. According to the official reply of the State Administration of Taxation on the issue of indivial income tax on the income of indivials from buying and selling virtual currency through the Internet (GSH [2008] No. 818), the income obtained by indivials from purchasing players' virtual currency through the Internet and selling it to others after price increase belongs to the taxable income of indivial income tax, The indivial income tax shall be calculated and paid according to the item of "income from property transfer". The original value of an indivial's property in selling virtual currency is the price and related taxes paid for his purchase of network virtual currency. If an indivial is unable to provide evidence of the original value of his property, the original value of his property shall be verified by the competent tax authorities.
2. The State Administration of Taxation emphasizes that the original value of an indivial's property in selling virtual currency, the price paid for his purchase of network virtual currency and related taxes. If an indivial is unable to provide evidence of the original value of his property, the original value of his property shall be verified by the competent tax authorities
according to the relevant sources of Beijing Local Taxation Bureau, the tax rate of indivial income tax calculated according to the "income from property transfer" project is fixed at 20%, and Beijing Local Taxation Bureau will also introce relevant measures to verify the original value of virtual currency property sold by indivials
about virtual currency:
virtual currency refers to the substitute currency circulating in the network virtual world. In addition to the virtual currencies issued by major online game companies with various names, Tencent Q currency is also widely used
at present, the online transaction in the virtual world has greatly exceeded people's imagination, and has formed a huge online transaction market of proction, supply and marketing. Moreover, a group of professional workers specialized in "coin printing" came into being; There are also special exchange shops for various game currencies.
according to the relevant sources of Beijing Local Taxation Bureau, the tax rate of indivial income tax calculated according to the "income from property transfer" project is fixed at 20%, and Beijing Local Taxation Bureau will also introce relevant measures to verify the original value of virtual currency property sold by indivials
about virtual currency:
virtual currency refers to the substitute currency circulating in the network virtual world. In addition to the virtual currencies issued by major online game companies with various names, Tencent Q currency is also widely used
at present, the online transaction in the virtual world has greatly exceeded people's imagination, and has formed a huge online transaction market of proction, supply and marketing. Moreover, a group of professional workers specialized in "coin printing" came into being; There are also special exchange shops for various game currencies.
3. In a recent reply to the Beijing Local Taxation Bureau, the State Administration of Taxation said that the income obtained by indivials from purchasing players' virtual currency through the Internet and selling it to others after price increase belongs to the taxable income of indivial income tax, which should be calculated and paid according to the item of "income from property transfer"
according to the regulations, the income from property transfer is calculated as the amount of taxable income, which is the balance of the income from one-time transfer of property (no matter how many times it is paid, it should be merged into the income from one-time transfer of property) minus the original value of the property and reasonable expenses, and the tax rate of 20% is applied to calculate and pay indivial income tax.
according to the regulations, the income from property transfer is calculated as the amount of taxable income, which is the balance of the income from one-time transfer of property (no matter how many times it is paid, it should be merged into the income from one-time transfer of property) minus the original value of the property and reasonable expenses, and the tax rate of 20% is applied to calculate and pay indivial income tax.
4. According to China's current regulations, at this stage, financial institutions are not allowed to provide bitcoin related procts or services. Bitcoin cannot and should not be used as currency. Ruitai coin, Laite coin and other counterfeit coins are also applicable
all investments are not protected by law. If there is a brokerage transaction, once it is found, it will be subject to criminal responsibility.
all investments are not protected by law. If there is a brokerage transaction, once it is found, it will be subject to criminal responsibility.
5. Im7w from Shiyan accounting website | problem details & gt& gt; August 19, 2013 [question] how do Internet companies make profits through the Internet? For example, if I customize his virtual business, I need to spend my RMB to buy his virtual money, and then pay it to him. Is this a business? Do you need to pay tax [answer] according to the current business tax policy, it is within the scope of business tax to provide services and obtain business income by collecting virtual coins from customers on the Internet, and business tax should be levied according to regulations. I'll answer anonymity
6. Beijing Local Taxation Bureau:
we have received your request for instructions on the issue of personal income tax collection for indivials who obtain income from online sales of virtual currency (jdsge [2008] No. 114). The reply is as follows:
1. The income obtained by an indivial from purchasing a player's virtual currency through the Internet and selling it to others after a price increase belongs to the taxable income of personal income tax, which should be calculated according to & quot; Income from property transfer; Indivial income tax is calculated and paid
2. The original value of an indivial's property selling virtual currency is the price and relevant taxes paid for his purchase of network virtual currency< 3. If an indivial is unable to provide the original value certificate of the property, the original value of the property shall be verified by the competent tax authority<
State Administration of Taxation
September 28, 2008
we have received your request for instructions on the issue of personal income tax collection for indivials who obtain income from online sales of virtual currency (jdsge [2008] No. 114). The reply is as follows:
1. The income obtained by an indivial from purchasing a player's virtual currency through the Internet and selling it to others after a price increase belongs to the taxable income of personal income tax, which should be calculated according to & quot; Income from property transfer; Indivial income tax is calculated and paid
2. The original value of an indivial's property selling virtual currency is the price and relevant taxes paid for his purchase of network virtual currency< 3. If an indivial is unable to provide the original value certificate of the property, the original value of the property shall be verified by the competent tax authority<
State Administration of Taxation
September 28, 2008
7. The main points of the official reply of the State Administration of Taxation on Levying Indivial Income Tax on the purchase and sale of virtual currency; Income from property transfer; Indivial income tax is calculated and paid< 2. The original value of a person's property selling virtual currency is the price and relevant taxes paid for his purchase of network virtual currency< (3) if an indivial is unable to provide evidence of the original value of the property, the original value of the property shall be verified by the competent tax authority
small survey
small survey
8. Bank card freezing means that some functions of bank card are temporarily restricted e to some reasons. Usually, the reason for the freezing of credit card may be e to overe repayment or illegal cash out with credit card; The reason why the debit card is frozen may be e to the wrong account transfer, or the judicial freeze e to litigation
after many people's bank cards have been frozen, they contact the bank to learn that they have been "judicial frozen", which will be considered as the court freezing, but in practice, most of them are frozen by the public security organs based on the needs of handling cases
if it is frozen by the court, it is often the measures taken by the court to apply for preservation or enforcement after the person is involved in a civil dispute, sued to the court or judged by the court, and it is often limited freezing
therefore, if the bank card is frozen, you should get the detailed freezing information from the bank at the first time. Most banks will print the freezing information sheet. If the bank refuses to print, you should ask for the full name of the freezing authority, freezing case number, freezing personnel's name, telephone number and ID number, freezing reason, freezing time, freezing amount and other information
public security organs generally freeze the current accounts involved in cases such as online gambling, telecommunication fraud, money laundering and illegal business operation, which may be directly related to level 5-6 accounts
for the frozen terminal parties, they are often frozen by the public security organs for the following reasons: participating in online gambling, concting digital currency transactions, providing technical services or internet promotion for online gambling platforms, participating in online bill brushing, concting foreign currency exchange in underground banks, helping people exchange currency abroad, accepting money from a strange third person, etc
among them, digital currency transaction and online gambling are the main reasons for freezing cards
digital currency is generally considered as a virtual currency based on node network and digital encryption algorithm. Digital currency is like an investment proct. Because of the lack of a strong guarantee institution to maintain its price stability, its role as a measure of value has not yet appeared, and it can not be used as a means of payment. However, e to the fluctuation of its price, most people will invest in it
however, as a new thing in China, digital currency is facing many new regulatory problems, and such transactions are not encouraged at the national level< At present, China is mainly cracking down on various illegal fund-raising activities or related criminal activities. The above criminal activities affect not only the normal financial order, but also the interests of the general public<
at present, the nationwide crackdown on Telecom fraud and online gambling cases involves a wide range and complicated capital flow, which is led by the Ministry of public security, organized by local anti fraud centers and handled by subordinate case handling organs. Most of the public security associations will block and freeze the victim's account to the next level and the second level. In some areas, the public security associations will block and freeze the victim's account to the third level. In a few areas, the public security associations will block and freeze the victim's account to the fourth level.
after many people's bank cards have been frozen, they contact the bank to learn that they have been "judicial frozen", which will be considered as the court freezing, but in practice, most of them are frozen by the public security organs based on the needs of handling cases
if it is frozen by the court, it is often the measures taken by the court to apply for preservation or enforcement after the person is involved in a civil dispute, sued to the court or judged by the court, and it is often limited freezing
therefore, if the bank card is frozen, you should get the detailed freezing information from the bank at the first time. Most banks will print the freezing information sheet. If the bank refuses to print, you should ask for the full name of the freezing authority, freezing case number, freezing personnel's name, telephone number and ID number, freezing reason, freezing time, freezing amount and other information
public security organs generally freeze the current accounts involved in cases such as online gambling, telecommunication fraud, money laundering and illegal business operation, which may be directly related to level 5-6 accounts
for the frozen terminal parties, they are often frozen by the public security organs for the following reasons: participating in online gambling, concting digital currency transactions, providing technical services or internet promotion for online gambling platforms, participating in online bill brushing, concting foreign currency exchange in underground banks, helping people exchange currency abroad, accepting money from a strange third person, etc
among them, digital currency transaction and online gambling are the main reasons for freezing cards
digital currency is generally considered as a virtual currency based on node network and digital encryption algorithm. Digital currency is like an investment proct. Because of the lack of a strong guarantee institution to maintain its price stability, its role as a measure of value has not yet appeared, and it can not be used as a means of payment. However, e to the fluctuation of its price, most people will invest in it
however, as a new thing in China, digital currency is facing many new regulatory problems, and such transactions are not encouraged at the national level< At present, China is mainly cracking down on various illegal fund-raising activities or related criminal activities. The above criminal activities affect not only the normal financial order, but also the interests of the general public<
at present, the nationwide crackdown on Telecom fraud and online gambling cases involves a wide range and complicated capital flow, which is led by the Ministry of public security, organized by local anti fraud centers and handled by subordinate case handling organs. Most of the public security associations will block and freeze the victim's account to the next level and the second level. In some areas, the public security associations will block and freeze the victim's account to the third level. In a few areas, the public security associations will block and freeze the victim's account to the fourth level.
9. 1. It has been levied in Beijing, but it is difficult to levy because it is not easy to supervise.
2. At present, the tax rate is 20% of the profits or 3% of the total transaction amount
the tax bureau doesn't care whether it's against it or not
2. At present, the tax rate is 20% of the profits or 3% of the total transaction amount
the tax bureau doesn't care whether it's against it or not
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