Virtual currency tax in Taiwan

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. 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.

3. 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.

4. This is certainly unreasonable. Virtual currency generally does not need to pay tax. If you pay this tax, it is not equal to your original value. It will be very expensive and not cost-effective

5. If cash withdrawal is reflected, taxes and fees are required, which are all available.

6. It's like game currency in online games

7. There are risks in investment. Invest cautiously. Dotcoin is a kind of P2P digital currency. The biggest difference between dotcoin and other currencies is that there is a relatively large amount of money in the world and the prospect is considerable< Decentralization: dotcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of security and freedom of dotcoin
2. Global circulation: dotcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can excavate, buy or sell dotcoin
3. Global synchronization: since the first day of its birth, dotcoin has been publicized many times around the world, and there is no pre digging behavior of a company or its founder. In particular, publicity through different channels around the world avoids the possibility that dote is just a pet of a few geeks or is hoarded by a few people in the early stage
4. Exclusive ownership: the private key is required to manipulate the dotcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
5. No transaction costs and hidden costs: the exchange of multi currency is almost zero cost, especially in multinational trade, which can save a lot of costs. As a means of payment from a to B, dotcoin has no cumbersome limit and proceres. If you know the other party's multi currency address, you can pay.

8. 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

9. Working in the mainland, no matter where the salary is paid, it is regarded as the income obtained by working in the mainland, and the indivial income tax should be declared in the mainland. If there is foreign currency, it should be converted into RMB. All the income of the current month, no matter where the salary is paid, should be consolidated as the salary income of the current month, and the indivial income tax should be paid
Taiwanese belong to the category of Hong Kong, Macao and Taiwan. The pre tax exemption of personal income tax is 4800, not 2000. Other calculation methods are the same as domestic wage tax.

10.

If other factors are not taken into account, take singleness as an example, Then

pre tax income = 80000000 / 40% + 77000 + 46000 + 78000 = NT $2000201000

Taiwan personal income tax (comprehensive income tax)

comprehensive income tax payable:

total annual comprehensive income - tax allowance - dection

net annual comprehensive income

net annual comprehensive income * tax rate - progressive difference = annual comprehensive income tax payable

>The annual comprehensive income tax payable - investment tax dection - dection for purchase of self use residence - withheld tax = settlement and declaration of payable or refundable tax

the following are new Taiwan dollars: RMB ≈ 100: 21.5

2008

I The tax range and progressive tax rate of comprehensive income tax are as follows:

tax range tax rate

6% below 410000 yuan

410000 yuan to 1090000 yuan 13%

1090000 yuan to 2180000 yuan 21%

2180000 yuan to 4090000 yuan 30%

4090000 yuan above 40%

2. Tax allowance: 77000 yuan per person; The tax allowance for taxpayers aged 70 or above, their spouses and their immediate family members supported by the taxpayers is 115500 yuan

(3) standard dection: 46000 yuan is dected by the taxpayer; If there is a spouse, 92000 yuan will be dected

(4) special dection of salary income: RMB 78000 will be dected per person per year. If the declared salary income is less than RMB 78000, the salary income will be dected in full

Special dection for the disabled: 77000 yuan per person per year

6. Retirement income:

1. for those who receive retirement income at one time, the calculation method of their income is as follows:

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(1) if the total amount of one-time withdrawal is less than 161000 yuan multiplied by the amount of years of service, the income is 0

(2) if the amount exceeds 161000 yuan multiplied by the length of service, and if the amount does not exceed 322000 yuan multiplied by the length of service, half of the amount will be the income

(3) if the amount exceeds 322000 yuan multiplied by the length of service, the total amount is the income

For those who receive their retirement income by installments, the total amount received in the whole year minus 697000 yuan is taken as the income

China:

a person's monthly wage income is 10000 yuan, without other income. The annual indivial income tax payable is 10000-2000 20-375 12 14700 (RMB)

Taiwan:

a person's annual wage income is 558140 (RMB 120000), without other income, No spouse

annual net comprehensive income 558140 - 77000 - 46000 - 78000 = 357140

annual comprehensive income tax payable 357140 * 6% = 21428 (New Taiwan dollars) = 4607 (RMB)

if there is a spouse

annual net comprehensive income 558140 - 77000 - 92000 - 78000 = 311140

annual comprehensive income tax payable 311140 * 6% = 18668 (New Taiwan dollars) = 4014 (RMB)

annual comprehensive income tax payable