According to the relevant provisions in Articles 1 and 2 of the Notice of State Taxation Administration of The People's Republic of China of the Ministry of Finance on Defining the Value-added Tax Policy for Financial Real Estate Development, Education and Auxiliary Services (Caishui [2065 438+06] 140):
Notes on Sales Services, Intangible Assets and Real Estate (Caishui [20 1 6] No.36) refers to the capital preservation income, remuneration, capital occupation fee and compensation mentioned in Item1of Item (5) of Article 1, which is the investment income explicitly promised in the contract that the due principal can be fully recovered. The non-guaranteed income obtained during the holding period (including maturity) of the above-mentioned financial commodities is not interest or interest income, and VAT is not levied.
Financial products are products designed and issued by commercial banks and formal financial institutions themselves. After investing in relevant financial markets and purchasing relevant financial products according to the product contract, the raised funds will be distributed to investors according to the contract.
Extended data:
Matters needing attention in purchasing bank wealth management products:
1. It is risky to clarify that bank wealth management products are not deposits: after the introduction of the new asset management regulations that break the rigid redemption, the risks of bank wealth management products are real. Therefore, the purchase of bank wealth management products must be risk-conscious.
2. Make clear the investment risk level of wealth management products: the risk level of bank wealth management is divided into five levels, namely, R 1 to R5, R 1 stands for cautious investors, R2 stands for cautious investors, R3 stands for balanced investors, R4 stands for enterprising investors and R5 stands for radical investors.
3. Invest in wealth management products of the corresponding grade according to the investment risk grade: make clear your goal of purchasing wealth management products and the degree of risk loss you may bear according to the investment risk grade, and then buy wealth management products of the corresponding risk grade according to the conclusion, and never buy wealth management products with high risk grade beyond the tolerance range of high income.
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