According to Caixin, whether domestic investors can offset losses from trading US and Hong Kong stocks against taxes is currently not allowed to be carried over to the next year. For example: if you invest 1 million in stocks and earn 5 million in the first year, but lose 5.5 million in the second year, your principal would only be 500,000.



At this time, no tax is required for the second year, but a tax of 500*20%=1 million is required for the first year.

Lost money, but do I need to add an extra 500,000 besides the principal?
I hope this policy will be improved soon.
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