Shareholders are not legally transfer the stock of non-visa securities transaction tax levied on the scope of the case.
South IRS said transfer Corp. shareholders Failing to catch hair Stock Companies Act visa issued, the Department transfer capital contribution of property other than trading securities, which have to be levied on income tax in accordance with the Exchange Income Tax Act. Description council, according to the provisions of Article 162 of the Companies Act, after the stock issuance registration authority shall be the competent authority for approval or visa issuance, the company did not complete the legal formalities issue, the catch of the stock issued, that the case of non-securities transaction tax under section 1 Article alleged securities exchanges have their income tax should be levied.
Council illustrate, when a securities transaction tax Check jurisdiction Ltd. 102 Shareholders' equity transfer of payment situation, found that the company issued shares to be printed after the establishment of the registration, but the provisions of Article 162 of the Companies Act Failing by financial institutions visa, non-considered "securities", the annual shareholders to transfer their shares to the trading of securities mistakenly pay securities transaction tax, after seized, consolidated income tax return for that year class of shareholders, and securities transaction tax refund by the buyer and seller gage file .
Board reminds investors, buying and selling unlisted (cabinet) shares should first verify that the visa issuing company issued by the provisions of Article 162 of the Companies Act, if not so specified visa issuance, not subject to securities transaction tax at the transfer, but the transfer price is higher than the capital contribution was part of property other than Exchange, the shareholders at the time when the annual income tax to apply for settlement should be noted that the resulting declaration incorporated.
