目前,个人以股权等非货币性资产进行投资是资本市场较为普遍的做法,即被收购企业的自然人股东以其名下的股权换取上市公司对应的股票,实现企业资产重组或企业借壳上市的目的。但个人以非货币资产投资个人所得税政策却仍存模糊地带。股权投资过程中,自然人股东的股权转让收入通常有两种形式:一种是现金收入;另一种是取得有限售期限的上市公司股票,同时,转让方与受让方签署业绩承诺与补偿协议,规定股权交割后被收购公司在限售期限内的每年均有应完成 At present, individual investment in non-monetary assets such as equity is a more common practice in the capital market. That is, the natural person shareholders of the acquired company exchange the shares under their name for the stocks of the listed company so as to realize the purpose of reorganization of assets of the enterprise or backdoor listing of the enterprise . However, personal personal income tax policies on non-monetary assets still remain vague. In the course of equity investment, the income from stock right transfer of natural persons usually has two forms: one is cash income, and the other is the stock of listed company with limited sales period. At the same time, the transferor and the transferee sign the performance commitment and compensation agreement It is stipulated that after the delivery of the equity, the acquiree should be completed within the period of restricted sale