ATFXShare: What is the stock stamp tax? Investment is far away from fraud

When conducting stock trading, a series of handling fees are required, including transaction commissions, stamp duty, and transfer fees. For many investors, it may not be clear what stock stamp duty is, only knowing that stamp duty is required when conducting stock trading. So what exactly does stock stamp duty mean?How was it charged again?Let's learn more together.

What does stock stamp duty mean?

The stamp duty on stock trading is the main tax directly related to the stock market by the state, and is a policy tool for macroeconomic regulation of the stock market. Stock stamp tax is collected when selling, but does not need to be paid when buying. It belongs to one-way collection, and the tax rate of stock stamp tax is one thousandth of the transaction amount of the stock. The stock stamp tax increases investors' investment costs and naturally becomes a tool for the government to regulate the market, effectively avoiding investors' infrequent buying and selling of stocks. After all, frequent buying and selling of stocks can lead to unstable stock price fluctuations.

The tax rate of stock stamp duty is fixed and an unavoidable expense during trading. The only way to reduce the expenditure of stamp duty is to reduce frequent buying and selling of stocks.

In fact, in addition to stamp duty, stock trading commissions are also a major expense in stock trading fees. The commission for stock trading is directly collected by the securities company. When buying or selling, commission is required, and it is a two-way fee. The maximum transaction commission for general securities firms is the transaction amount3‰, minimum5Starting from yuan, the commission for a single transaction is insufficient5Yuan press5Charge of yuan. In most cases, transaction commissions can still be negotiated.

The above is a detailed introduction to the stock stamp duty, hoping to be helpful.