It has been alleged that securities transaction tax has an effect on stock market volatility 有的学者认为，征收证券交易税会对股市的波动性产生影响。
He ' s also calm about the investigation about the tax deal from the european commission : " we respected the rules and we have nothing to fear and worry about . 他同样对关于来自欧洲的佣金交易税的调查保持了平静： “我们遵守了规则，而且我们没有什么可以害怕和烦恼的。 ”
Like the market of tse and gtsm , trading tax will only be imposed when a security is sold and it is 3 1000 of the total transaction value . q3 - 12 . how much is the commission 与一般上市柜股票相同，只有在卖出时应由证券商代徵证券交易税，税率为卖出成交金额之千分之三。
The present stamp duty is not a perfect tax on securities exchange that is based on the transactions of negotiable and levied in the light of total amount regardless of gain or loss 我国现行交易环节印花税实际上是一种不完善的证券交易税。证券交易税是对有价证券的交易行为，按买卖成交额所课征的一种流转税。
The tax on securities exchange can influence investors " decision and behavior directly through increasing or decreasing the cost of transaction . so it can affect the development of securities market 证券交易税是不论证券交易盈亏，一律按税率全额课征，因而，它可以通过增减证券交易成本，直接影响投资者的交易决策与交易行为，从而影响证券市场的发展。
Chapter ii , beginning from the analysis of the securities taxation theory , analyzing the theory basement of the securities transaction taxation and securities income taxation , discovering the theory behind the taxation system from two coins 第二章，从证券税收法律制度的理论分析入手，剖析了证券交易税和证券所得税的理论基础，从反对赞成两方面探寻税制背后的理论原理。
Thirdly , it develops the noise trading model ( de long et al . , 1990a ; binswanger , 1999 ) to the condition in which the basic factors can be changed . since considering the transaction tax in the securities market , it makes the noise trading model more realistic to describe the process of speculative bubbles 第三，将研究投机泡沫的噪声交易模型( delongetal . , 1990a ; binswager , 1999 )动态扩展到基本因素是可变的情形，并考虑了证券市场具有交易税的情况，使噪声交易模型能更接近于现实，并且能更好地刻画投机泡沫的演变。
The main contents of all four parts are as follows : part one : theoretical analysis of the policies on the securities tax system . firstly this part briefly analyzes tax policies in securities market . then , it particularly analyzes two major tax tools : securities circulation tax ( namely stamp duty and tax on securities exchange ) and securities income tax ( tax on earnings from securities exchange and tax on earnings from securities investment ) 本文主要内容如下：第1部分证券市场税收政策分析本部分首先对整个证券市场税收政策以及证券税制进行分析，然后对两类主要的证券市场税收政策工具? ?证券流转税(主要是证券交易税)及证券所得税(主要是资本利得税和证券投资所得税)对证券市场的经济影响作一番理论分析，从而，对这两类政策工具有更深刻和更合理的认识。
