Core Viewpoint - The article discusses the implementation of VAT preferential policies following the enactment of the VAT Law, specifically detailing the deductions allowed for certain taxable transactions from January 1, 2026, to December 31, 2027 [2][12]. Group 1: VAT Deduction Policies - From January 1, 2026, to December 31, 2027, taxpayers are allowed to deduct certain costs from the taxable sales amount when calculating output tax or taxable amount [4]. - Specifically, general taxpayers providing labor dispatch services can deduct wages, benefits, and social insurance and housing fund contributions paid to dispatched employees from the taxable sales amount [4][6]. - Taxpayers must retain valid legal documents as proof for the deductions, including records of wage payments, social insurance contributions, and housing fund deposits [6]. Group 2: Invoice Requirements - Taxpayers must issue invoices according to specific regulations to qualify for deductions from the taxable sales amount; failure to do so will result in disqualification from the deductions [8].