股指期货交易的税务问题研究

北京理工大学珠海学院2020届本科生毕业论文Research on tax issues of stock index futures tradingAbstractThis paper discusses the tax focus of stock index futures,according to the development ofChina's stock index futures market,and combined with the United States,Taiwan and othermature stock index futures market for comparative analysis.At present,there is a one size fitsall tax on stock index futures in China,that is,there is no differentiated behavior to tax.However,at present,it is not suitable for China to carry out differentiated tax on stock indexfutures traders to adjust the market structure.It is necessary to wait for the development offinanc ial market to carry out differentiated income tax,because the so-called capital gains taxin Taiwan and Hong Kong in the past led to the so-called capital gains tax in stock indexfutures market Therefore,this paper argues that the stock index futures should be chargedwith appropriate stamp duty to curb excessive speculation.In this paper,the game theoryframework is used to analyze the optimal strategy choice of the investors in stock indexfutures market,who are divided into hedgers and speculators,and the speculators withincreased tax burden and the tax authorities,under different circumstances.The timing of thedifferent tax is pointed out.Finally,the necessity of collecting stamp tax and the principle ofdetermining stamp tax rate are demonstrated.Key words:stock index futures,differential taxation,game theory