Does deposit interest income need to be taxed?

No need.

Deposit interest income is included in the credit of financial expenses. Although it offsets the current profit and loss and increases the current year's profit, because you have approved the collection, the profit does not participate in the calculation of income tax.

Do I need to pay tax on the interest income derived from entrusted loan business?

Tax has to be paid.

The related business of guarantee companies refers to financial enterprises, and the interest income from entrusted loans is included in the "interest income" account, which is equivalent to the company's main business income or other business income, and is summarized into operating income.

If it is assessed and levied, these entrusted loan interests will be involved in the calculation of the assessment ratio and income tax.

Income tax = operating income (main business income, other business income, interest income) * approved ratio * tax rate (25)