Supplementary Circular on Value-added Tax Policies on the Interbank Transactions of Financial Institutions and Other Matters

关于金融机构同业往来等增值税政策的补充通知

Investment income from the interbank renminbi market exempted from VAT.

(Issued by the Ministry of Finance and the State Administration of Taxation on June 30 2016 and effective as of May 1 2016.)

(财政部、国家税务总局于二零一六年六月三十日发布，自二零一六年五月一日起执行。)

Cai Shui [2016] No.70

财税〔2016〕70号