How is the tax on exchange coins calculated? – Tejarat News
According to Tejarat News, while the issue of tax on stock exchange coins has been raised, most of the discussion is about Treasury profit. This means that after 5 days when they receive the coins from the treasury, they have to pay an amount for the interest of the treasury.
The head of Tehran Jewelry Union while emphasizing that the approach of the central bank in the supply of coins must be changed; He demanded information and clarification regarding the tax on coins purchased from the commodity exchange.
While referring to the supply of coins by the Central Bank in the Commodity Exchange, which started with the supply of 500,000 pieces of quarter coins, and the Central Bank has announced plans to supply other pieces, he stated that the management and supply of coins in the Commodity Exchange must change. and be offered regularly and at prices with a greater distance from the free market price (lower). We hope that in the coming week, the approaches and management of the central bank will change in the way of the supply of quarter coins and, as announced, by supplying other pieces of coins in the stock market, they will play an important role in reducing the coin bubble and reducing prices.
The head of the Tehran Gold and Jewelry Union continued: The position of the Gold Union is a trade union position and is in charge of trade affairs and does not have a role in controlling the market or even managing the supply of coins in the commodity exchange. Based on this, the central bank, which is in charge of this matter, should have better management and changing the approach to the supply of full and half coins in order to have a better result in stability and price reduction and reducing the coin bubble, which has become very large in recent times. And for the past few years, we haven’t had such bubbles in the domestic coin market. At the beginning of this year, the coin bubble was in the range of 300,000 tomans, but these days it is close to 3,500,000 tomans.
He pointed out: These days, we are often asked whether these coins that are bought from the stock market will be taxed in the future or not. Considering the concerns and ambiguities in this field, more information should be provided and the central bank should clearly announce the conditions so that people can make their purchases more confidently.
In response to the reason for this issue, despite the supply of 500,000 pieces of quarter coins in the market last week, not only the bubble and the price of quarter coins did not decrease, but also increased, he stated: one of the reasons is irregular supply both in terms of time and In terms of continuity in consecutive days, it has been. In addition to the fact that there was no supply during the announced hours and there was no supply on some days. In addition, another major reason (as mentioned) has been the small gap between the announced price and the prices in the open market.
This union official emphasized: Considering that the government and the central bank have planned this supply with the aim of market control, stability and reducing the coin bubble in the market, it requires that the announced price be more distant from the domestic market price and the supply time be managed. It should be done at the announced time. In addition, when a day is not released (when it is pre-determined on a certain day of release), it will lead to market inflammation.