Core Points - The Ministry of Finance and the State Taxation Administration issued a notice to support the transfer and management of state-owned equity and cash income for social security funds [1] - The notice specifies tax policies that exempt value-added tax on all interest and interest-like income from loans and financial product transfer income during the investment process [1] - Income from the transfer of state-owned equity and cash income investments will be classified as non-taxable income for corporate income tax purposes [1] - The notice also exempts stamp duty for the transfer of non-listed state-owned equity by the receiving entity [1] - For the transfer of listed state-owned equity and securities transactions using cash income, a pre-collection and post-refund policy for securities transaction stamp duty will be implemented [1] - The notice will take effect on April 1, 2024, and tax payments made prior to the notice that meet the criteria can be refunded [1]