两部门推动黄金税收新政落地 优化即征即退与免征环节

Core Viewpoint - The new tax policy for gold transactions aims to standardize tax management in the gold market, promote healthy development, and reduce transaction costs while enhancing market vitality [1][2]. Group 1: Tax Policy Details - The new policy, effective from November 1, distinguishes between investment and non-investment gold, optimizing the immediate tax refund and exemption processes [1][2]. - "Standard gold" is defined as gold that meets specific standards in both grade and specification, including various purities (AU99.99, AU99.95, AU99.9, AU99.5) and weights (50g, 100g, 1kg, 3kg, 12.5kg) [1]. - Transactions involving standard gold through the Shanghai Gold Exchange and Shanghai Futures Exchange will be exempt from value-added tax (VAT) for sellers, provided there is no physical delivery [1][2]. Group 2: Investment vs. Non-Investment Gold - For investment purposes, VAT will be refunded immediately upon purchase, and urban maintenance and education fees will be exempted [2]. - If standard gold is sold or processed into investment products, VAT must be paid according to existing regulations, except for certain approved legal tender gold products [2]. - Non-investment gold transactions will also benefit from VAT exemptions at the exchange level, with specific provisions for general VAT taxpayers [2][3]. Group 3: Customer Regulations - Customers purchasing standard gold will uniformly benefit from VAT exemptions at the exchange level, regardless of the intended use [3]. - General VAT taxpayers among customers can calculate input tax based on the ordinary invoice amount and a 6% deduction rate [3]. - Sales of standard gold, whether direct or after processing, will require compliance with existing VAT regulations [3].