加强个人境外收入监管！境外买卖股票收入也要缴税

Core Viewpoint - Recent notifications from tax authorities require taxpayers to declare and pay taxes on overseas income, including capital gains from foreign stock trading, which is subject to a 20% tax rate in China [1][3]. Group 1: Taxation on Overseas Stock Trading - Taxpayers engaged in overseas stock trading are uncertain about tax obligations, especially regarding the calculation of gains and losses from multiple transactions [1][2]. - The Chinese tax authority allows taxpayers to offset gains and losses within the same tax year but does not permit cross-year loss carryforwards [2][3]. - The current tax system in China applies a flat 20% rate on capital gains from stock trading, differing from some countries that allow for loss carryforwards and apply progressive tax rates [3][4]. Group 2: Regulatory Measures and Compliance - The implementation of the Common Reporting Standard (CRS) enables tax authorities to access data on residents' overseas financial accounts, enhancing the ability to detect underreported overseas income [4]. - Recent cases from tax authorities in regions like Shandong highlight the use of big data to identify taxpayers who fail to declare overseas income, leading to significant penalties and back taxes [5][7]. - Taxpayers who do not accurately report overseas income may face additional penalties, including late fees and potential audits [7].