Towards the end of the year, there are many bosses who consult public to private

Mondo Social Updated on 2024-01-31

What is the public-to-private switch?

Public-to-private transfer is the transfer of money from a public account to a personal account. ”

In the eyes of many bosses: I opened the company, and the company's money is mine. However, in reality, the boss has to pay taxes every time he takes a sum of money from the company.

Whether it is the boss himself or other shareholders, as long as the money is withdrawn directly from the company's account, it will be regarded as a shareholder dividend and subject to 20% personal income tax.

If you want to withdraw the money, be sure to note the following

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