| Author: | Wei, Jian |
| Title: | Share transaction and capital control (original in Chinese) |
| Journal: | Shanghai Economy (c)
1992 : 3, p34-35 |
| Index terms: | STOCK MARKETS CAPITAL INCOME TAX CHINA |
| Language: | chi |
| Abstract: | A Few people holding most of share will have influence on the nature of the shareholding system and will violate the social fair principle. It will cause the corruption of the society. Issuing share should follow the principle of voluntariness. A few people holding most share should be forbidden so as to ensure that more people have the opportunity to go into the stock market. So the first market must be improved. The people who buy lots of share should be levied stamp tax and the people who get income from selling share should be levied income tax. |
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