Core Viewpoint - The Ministry of Finance and the State Taxation Administration announced a tax exemption policy for foreign institutions investing in China's bond market, effective from January 1, 2026, to December 31, 2027, aimed at encouraging foreign investment in China [1] Group 1: Tax Exemption Policy - From January 1, 2026, to December 31, 2027, foreign institutions will be exempt from corporate income tax and value-added tax on bond interest income earned from investments in China's domestic bond market [1] - The exemption does not apply to bond interest income related to institutions or places established by foreign entities within China [1] - This policy extends the previous tax exemption for foreign institutions, which was initially introduced in November 2018 and renewed until the end of 2025 [1] Group 2: Additional Tax Exemption - From August 8, 2025, to December 31, 2027, foreign institutions will also be exempt from value-added tax on bond interest income from Chinese government bonds and local government bonds issued abroad [1]
境外机构投资境内相关债券 利息收入免税政策延至2027年底
Zheng Quan Shi Bao·2026-01-15 18:14