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What taxes do asset chain leases pay (asset leasing process diagram)?

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What taxes do asset chain leases pay? According to the \”People\’s Republic of Ch

What taxes do asset chain leases pay (asset leasing process diagram)?

What taxes do asset chain leases pay? According to the “People’s Republic of China’s Income Tax Law” and the State Council’s collection of income, earnings, and dividends from the transfer of virtual currency, income tax is paid in the form of rent as stipulated. In general, leasing companies in China are exempt from taxes. For example, if you sell a property and do not receive any interest after the sale, or when your landlord transfers the property, the change in house price will not affect taxation. (Sina Finance)

Asset Leasing Process Diagram

In the asset leasing market, due to different time periods, scenarios, and demands, it is necessary to customize risk levels according to individual conditions.

Therefore, the asset leasing process has been detailed since the planning stage:1. The asset lessee first understands the types and values of the digital currencies they hold. Then, they select the type of cryptocurrency they want to purchase and determine which currencies they can own. If these currencies are not available for sale, both parties to the asset lease will have an obligation to conduct due diligence.2. Complete ownership changes according to the asset leasing plan. In the third stage, the asset leasing company will make a claim application to users based on the actual situation to ensure the safety of their assets. Finally, after the review, decide whether to accept a new claim. The fourth step is the time interval for signing the contract with the borrower during the loan. The fifth step is repayment after the maturity. The sixth step is to provide the lender with a certain amount of interest as collateral during the loan period. The seventh step is the process of formulating the final agreement for the asset leasing company based on the entire financing process.

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