由于税收制度规定企业、个人适用不同的所得税税种,即使债券交易双方适用相同的企业所得税,企业与企业之间的所得税税率也不尽相同。因此债券发行人的税后利息支出与投资者的税后利息收益往往不一致,从而对同一债券发行人的索价与投资者的出价也表现为不均衡,因此所得税率也是影响债券价格的一个重 Because the tax system stipulates that enterprises and individuals apply different income tax types, the income tax rate between the enterprise and the enterprise varies even if both parties to the bond apply the same enterprise income tax. As a result, bond issuer’s post-tax interest expense and investor’s post-tax interest income tend to be inconsistent, so the same bond issuer’s price and the investor’s bid also appear to be unbalanced, so the income tax rate is also a factor affecting the bond price