Announcement of the Ministry of Finance and the State Taxation Administration on Extending the Corporate Income Tax and Value-Added Tax Policies for Overseas Institutions Investing in the Domestic Bond Market

This document extends the temporary exemption of corporate income tax and value-added tax on bond interest income earned by overseas institutions investing in China's domestic bond market for the period from January 1, 2026 to December 31, 2027, excluding income attributable to permanent establishments in China.