三部门：延续实施创新企业CDR税收优惠政策

Group 1 - The newly announced policies are an extension of the CDR tax incentives initiated in 2023, reflecting the government's ongoing support for financing channels for technology innovation enterprises [2] - The innovative enterprise CDR refers to securities issued in China that represent the rights of overseas underlying securities, based on the pilot enterprises specified in the relevant government notice [2] Group 2 - The policies include tax exemptions on capital gains and dividend income from CDRs for various investors, including public securities investment funds and qualified foreign institutional investors (QFII) [1] - Specific tax exemptions include a temporary suspension of corporate income tax on capital gains and dividend income from CDRs for public securities investment funds and QFIIs [1] - The announcement also includes a temporary exemption from value-added tax (VAT) on capital gains from CDR transfers for individual and institutional investors [1]