Does Yantai equity change require tax source monitoring?

Required. According to Article 15 of the "Individual Income Tax Law of the People's Republic of China" which was officially implemented on January 1, 2019, "If an individual transfers equity and handles change registration, the market entity registration authority shall inspect the information related to the equity transaction. "Personal income tax payment voucher", this tax payment voucher is the tax source monitoring form. Therefore, in accordance with the provisions of the "Individual Tax Law", when handling personal equity transfer, staff need to check the tax payment certificate.