国债等债券利息收入增值税政策明确

Core Viewpoint - The Ministry of Finance and the State Taxation Administration announced a policy change regarding the value-added tax (VAT) on interest income from government bonds, local government bonds, and financial bonds, effective from August 8, 2025 [1] Group 1: Tax Policy Changes - Starting from August 8, 2025, interest income from newly issued government bonds, local government bonds, and financial bonds will be subject to VAT [1] - Interest income from bonds issued before August 8, 2025, will continue to be exempt from VAT until the bonds mature, including portions issued after this date [1] Group 2: Definition of Financial Bonds - Financial bonds are defined as securities issued by legal financial institutions established within the People's Republic of China, which are held by financial institutions and repay principal and interest as agreed [1]