【最新政策】两部门发文延续实施境外机构投资境内债券市场企业所得税、增值税政策

Core Viewpoint - The announcement aims to promote the opening of the bond market to foreign investment by temporarily exempting foreign institutions from corporate income tax and value-added tax on bond interest income from January 1, 2026, to December 31, 2027 [1] Tax Policy Summary - From January 1, 2026, to December 31, 2027, foreign institutions investing in the domestic bond market will be temporarily exempt from corporate income tax and value-added tax on bond interest income [1] - The exemption does not apply to bond interest income earned by foreign institutions that have established entities or places in China, which are related to the income [1]