Q：
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What will the Stamp Duty Law of the PRC be implemented?
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A：
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It will be implemented from July 1, 2022.
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Q：
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Who are the taxpayers of stamp duty?
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A：
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The taxpayers of stamp duty shall be the entities and individuals that file taxable vouchers and conduct securities transactions within the territory of the PRC, and the entities and individuals that file taxable vouchers outside the territory of the PRC but for use within the territory of the PRC.
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Q：
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What are taxable vouchers?
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A：
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Taxable vouchers refer to contracts, property ownership transfer documents and business books listed in the table of Stamp Duty Items and Rates.
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Q：
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What does securities transaction refer to?
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A：
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It refers to the transfer of stocks and stock-based depositary receipts traded at legally established stock exchanges and other national securities trading places approved by the State Council.
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Q：
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Which party of the securities transaction needs to pay stamp duty?
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A：
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It shall be paid by the transferor and not by the transferee.
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Q：
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How to determine the tax basis of securities transactions?
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A：
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The tax basis for securities transactions is the transaction amount.
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FAQ
