Q: According to the Provisional Regulations on Business Tax and its detailed rules for implementation, what exactly do financial goods mean? For example, are the trust products purchased by enterprises and the wealth management products of banks financial commodities? Do you need to pay business tax on the income generated? A: Article 7 of the Measures for the Administration of Business Tax Declaration in Financial and Insurance Industry (Guo Shui Fa [2002] No.9) stipulates that the transfer of financial commodities refers to the transfer of ownership of foreign exchange, marketable securities or non-commodity futures. Including stock transfer, bond transfer, foreign exchange transfer and other financial commodities transfer. The Notice of State Taxation Administration of The People's Republic of China, Ministry of Finance of People's Republic of China (PRC) on Several Tax Exemption Policies for Personal Financial Commodity Trading (Caishui [2009]11No.) stipulates that the income obtained by individuals (including individual industrial and commercial households and other individuals) from buying and selling foreign exchange, marketable securities, non-commodity futures and other financial commodities is temporarily exempted from business tax. The Notice of State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) on Printing and Distributing the Answers to Business Tax Questions (Part I) (Guo Fa [1995]No. 156) stipulates that financial institutions or other units that lend funds to others for use shall be regarded as loans, and business tax shall be levied according to the tax item of "financial insurance". With reference to the above provisions, trust products and bank wealth management products purchased by enterprises do not bear investment risks and receive fixed income, which are regarded as loan behaviors and should pay business tax in accordance with the "Finance and Insurance Industry"; If you don't bear the investment risk and get the floating income with variable capital preservation, you can temporarily compare the floating income with the deposit interest income without paying business tax in the case of unclear tax law; Taking investment risks and obtaining variable floating income are regarded as investment income, and business tax is not paid.