自然人股东分得的股息红利需缴纳20%的个人所得税,利用折价增资进行筹划则是利用了现行政策中法人股东分得的股息红利可以享受免税的待遇。实务界中对于折价增资行为中是否涉及股权转让、是否应当征收股权转让的个人所得税存在不同观点,本文结合案例分析这些观点,并提出建议。 Dividends distributed to shareholders of natural persons are subject to a personal income tax of 20%. Planning to make use of discounted capital increases the tax-free treatment of dividends distributed to corporate shareholders in the current policy. In practice, there are different opinions on whether personal equity tax should be levied on whether equity transfer is involved in the act of discounting capital increase. This paper analyzes these views and puts forward suggestions based on the case.