2026-01-18 07:31:28

I just recently figured out the tax system for overseas income, which is completely different from my initial understanding.

U.S. stocks, Hong Kong stocks—these clearly fall under overseas income. The problem is—it's not just about whether you make money or not.

For example: you hold a stock that is currently at a loss, but the company pays dividends. You have to pay tax on that dividend income at a 20% rate, and trading losses can't offset it.

Even more frustrating is IPO trading. Suppose you lost money overall this year from trading, but you made some profit from IPOs. The system will combine these two parts—once the total profit is calculated, you still have to pay taxes, and it's calculated based on the calendar year.

In simple terms, regardless of individual project gains or losses, the total of all income categories is your taxable income. The classifications are clear, and the numbers are fixed, leaving little room for manipulation.

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GasFeeVictim

· 01-18 08:21

Damn, this tax system design is really clever. Dividends and trading losses can't be offset against each other? Damn, the money earned from IPOs has to be calculated together with trading losses. Is this really exploiting retail investors? If I had known it was like this, I would have just steadily invested in Bitcoin to avoid the hassle. This offshore income scheme feels like they’re just blatantly making it uncomfortable for you. Wait, does this mean dividends are classified separately at 20%, and you can't use other losses to offset them? Are you sure? I traded and lost over a hundred thousand, yet I still have to pay taxes on dividends. That just doesn’t seem right. So, stock trading still requires good financial planning, or else you’re just freeloading off the government. Calculating based on the calendar year, it’s better to just lose money all year round. This logic is a bit absurd.

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AirdropHunter007

· 01-18 08:00

Bro, this tax system design is really amazing. Losses can't offset dividends at all? Clearly exploiting us, damn it. The money earned from IPOs has to be calculated together with trading losses? Are you joking? That's why I'm only focusing on airdrops now, it's hassle-free. The offshore tax rules really need to be carefully studied, or else you'll lose a lot of money.

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MemeCurator

· 01-18 08:00

Wow, this tax system design is really clever. Losses can't even offset dividend taxes... Even losing money on dividends still requires paying taxes? That's outrageous. Getting a turnaround from IPOs still results in being taxed, and the system calculates it directly as a huge loss. How is this supposed to work? Feels like there's no way out. So essentially, all income is taxed, and losses are just a decoration?

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MissedTheBoat

· 01-18 07:54

Damn, this tax system is really outrageous. Even with dividend losses, you still have to pay? Feels like I got ripped off.

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RektRecorder

· 01-18 07:43

This tax system is really a trap; losses can't offset gains, it feels like being exploited unilaterally. I didn't expect the dividend part either; even if you're losing money on your shares, you still have to pay taxes. The logic is truly absurd. If you make money from IPOs and lose money on trades, do you still have to consolidate the accounts? It just feels like a total loss. So, looking at US and Hong Kong stocks seems free, but in reality, the tax system is a heavy gate. Wait, does that mean some people might just choose not to report at all? After all, cross-border inspections are so difficult. Having fixed numbers really leaves no room for operation. If I had known earlier, I wouldn't have played these games. Damn, does that mean you get taxed on whatever you earn, and losses can't be offset? I really didn't understand this logic before; thanks for the clarification. Calculating like this, the actual return rate could be significantly reduced.

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AlphaLeaker

· 01-18 07:34

Wow, can't offset the losses from dividends? Isn't this just blatant money-grabbing? Losing money on IPOs and still having to pay taxes, this system is brilliantly designed, a textbook case. Feels like investing is not worth the effort, tax issues are really hard to defend against. How can there be such rules? Even overall losses require paying taxes, it's outrageous. The offshore income rules are too harsh, there's really no room for maneuver. If I had known earlier, I wouldn't have touched Hong Kong stocks and US stocks. Now it's too late to regret. With such a fair rule design, it's really hard for retail investors to make money.

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