- China will reinstate VAT on interest income from newly issued treasury, local government, and financial bonds.
- The VAT will apply starting August 8, 2025.
- Bonds issued before this date will remain exempt from VAT until maturity.
- Financial bonds refer to securities issued by legal financial institutions in China.
Source: answerconnect.cch.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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