VATupdate

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Two Departments Clarify VAT Policy on Interest Income from Government and Financial Bonds

  • The Ministry of Finance and the State Administration of Taxation issued a notice on VAT policy for interest income from bonds.
  • Starting August 8, 2025, VAT will be levied on interest income from newly issued government, local government, and financial bonds.
  • Bonds issued before this date will continue to have VAT exemption on interest income until maturity.

Source: lexiscn.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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