8月8日起 对新发行的国债等利息收入恢复征收增值税

Core Points - The Ministry of Finance and the State Taxation Administration announced a new tax policy regarding interest income from government bonds and other financial bonds, effective from August 8, 2025 [1] - From this date, interest income from newly issued government bonds, local government bonds, and financial bonds will be subject to value-added tax (VAT) [1] - Interest income from bonds issued before this date will continue to be exempt from VAT until the bonds mature, including portions issued after August 8, 2025 [1] - Financial bonds are defined as securities issued by financial institutions legally established in the People's Republic of China, which are held by these institutions and pay principal and interest as agreed [1]