财联社·2026-02-01 09:31Core Viewpoint - The adjustment of the VAT tax rate from 6% to 9% for telecommunications services will impact the revenue and profits of major Chinese telecom operators, including China Mobile, China Unicom, and China Telecom [1][2][3]. Group 1: Announcement Details - The Ministry of Finance and the State Taxation Administration of the People's Republic of China issued an announcement regarding the adjustment of the VAT tax category applicable to telecommunications services [1][2][3]. - Effective from January 1, 2026, the tax category for services such as mobile data, SMS, MMS, and internet broadband access will change from value-added telecommunications services to basic telecommunications services [1][2][3]. - This change in tax category corresponds to an increase in the VAT rate from 6% to 9% [1][2][3]. Group 2: Impact on Companies - China Mobile stated that the adjustment will affect its revenue and profits [1]. - China Unicom also indicated that the change will have an impact on its financial performance [2]. - China Telecom confirmed that the VAT adjustment will influence its income and profit margins [3].