两部门发文：对新发行的国债、地方政府债券、金融债券的利息收入 8月8日起恢复征收增值税

Core Viewpoint - The Ministry of Finance and the State Taxation Administration announced the resumption of value-added tax on interest income from newly issued government bonds, local government bonds, and financial bonds starting from August 8, 2025 [1] Summary by Relevant Categories Tax Policy Changes - From August 8, 2025, interest income from newly issued government bonds, local government bonds, and financial bonds will be subject to value-added tax [1] - Interest income from bonds issued before August 8, 2025, will continue to be exempt from value-added tax until maturity, including portions issued after this date [1] Definition of Financial Bonds - Financial bonds are defined as securities issued by financial institutions legally established in the People's Republic of China, which are held by financial institutions and repay principal and interest as agreed [1]