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crystal healing jewelry wholesale The State Administration of Taxation approves the sale of virtual currencies to collect personal income tax
Sina Technology News On the morning of October 30th, the State Administration of Taxation announced on the 28th that "the approval of personal income tax issues for personal income tax collection through online trading virtual currency through online trading", this It means that domestic individuals acquire players' virtual currencies through the Internet, and they must pay personal income taxes after the price increases. In response to the Beijing Local Taxation Bureau's "Instructions on the Personal Income Tax Taxation of Individuals Sales Virtual Currency through the Internet", the State Administration of Taxation made the above approval, which clearly stipulates that individuals acquire players' virtual currencies through the Internet. The income of income is the income of personal income tax, and the personal income tax shall be paid according to the "property transfer income" project.
At the same time, the State Administration of Taxation emphasized that the original value of the property of personal sales of virtual currencies is the price and related taxes paid by the acquisition of the network virtual currency. For individuals who cannot provide the original value of property, the original value of its property is approved by the competent tax authority.
In relevant persons of the Beijing Municipal Local Taxation Bureau, the tax rate of paying personal income tax based on the "property transfer income" project is fixed to 20%, and the Beijing Land Tax will also introduce the relevant measures to approve the original value of personal sales of virtual currency property.