The gold tax was a tax levied on gold in Western countries before the 19th century. There are two methods of taxation: one is levied on the amount of gold currently in circulation, and the other is levied on the annual output of the mine. Both have a tendency to reduce the amount of gold and increase the value of gold. So both taxes will temporarily fall on the currency owner until the supply is reduced. But that part that is always socially borne is ultimately to be paid by the mine owner in the form of a reduced rent, and by the purchaser of that part of the gold that is enjoyed as a consumer product and not exclusively used as a medium of circulation.
The gold market is hot. Investors make a lot of gold, and they make a lot of money from buying and selling gold. Everyone is very happy. However, many big households do not know that the money earned from gold passbooks and gold bars must be reported to income tax, and large gold households are subject to income tax. Potential risks are fully covered.
When the year ends, the old year will come to an end. When filing income tax returns, you must think carefully when filing tax returns. Tax experts pointed out that as gold soars, tax officials sharpen their knives, and once investors are locked in, they may be subject to income tax checks, making a lot of gold, but tax instability.
The price of gold has risen sharply, breaking through US$800 and approaching US$850 in a row, and the trading volume of gold has increased greatly. For example, the Bank of Taiwan trades nearly 1,000 kilograms in a month, and many big gold owners make big profits.
Some large investors earn millions of yuan when they buy dozens of kilograms, and there are more than 60,000 gold passbook investors who make huge profits from buying and selling gold. Others, such as gold futures and gold fund investors, make money. However, in addition to making a lot of gold, those who make profits must pay income tax, and those who do not have to, many people do not know.