事关黄金税收政策！两部门发文

Core Viewpoint - The Ministry of Finance and the State Taxation Administration have issued a new announcement regarding tax policies related to gold transactions, emphasizing the tax implications for both trading members and clients when dealing with standard gold [2][3][4]. Tax Policy for Standard Gold Transactions - Taxpayers selling standard gold outside of the Shanghai Gold Exchange and Shanghai Futures Exchange are required to pay value-added tax (VAT) according to existing regulations [2]. - When trading standard gold through the exchanges, sellers are exempt from VAT if no physical delivery occurs [2]. - For transactions involving physical delivery, members purchasing standard gold for investment purposes will benefit from immediate VAT refunds, along with exemptions from urban maintenance and construction tax, and education fees [3]. - Members selling standard gold directly or processing it into investment gold products must pay VAT and issue regular invoices, not VAT special invoices [3]. - Members purchasing standard gold for non-investment purposes are exempt from VAT and must issue regular invoices [3]. - Clients purchasing standard gold through the exchanges are also exempt from VAT and must receive regular invoices [4].