[The Ministry of Finance and the State Taxation Administration Announce the Resumption of VAT on Certain Bond Interest Income] The Ministry of Finance and the State Taxation Administration have announced that, starting from August 8, 2025, value-added tax (VAT) will be resumed on interest income from treasury bonds, local government bonds, and financial bonds issued on or after this date (including the date itself). For interest income from treasury bonds, local government bonds, and financial bonds issued before August 8, 2025 (including subsequent additional issuances), VAT exemption will continue until the bonds mature.