No tax required. So far, the tax exemptions for bond interest income include:

Interest income from national bonds. According to Article 26 of the "Enterprise Income Tax Law", the following income of enterprises is exempt from tax:

(1) Interest income from treasury bonds;

(2) Dividends, dividends and other equity investment income between qualified resident enterprises.

According to Article 82 of the "Regulations on the Implementation of the Enterprise Income Tax Law": The interest income on national bonds referred to in Article 26 (1) of the Enterprise Income Tax Law refers to the government bonds issued by the financial department of the State Council held by the enterprise. interest income from government bonds.

Extended information:

Impact of implementation:

The new Enterprise Income Tax Law and its implementation regulations came into effect on January 1, 2008. Compared with the original tax law, the new tax law has outstanding changes in many aspects. The relevant person in charge of the Income Tax Management Department of the State Administration of Taxation recently said in an interview with reporters: "In the long run, the new tax law will have a positive impact on domestic and foreign-funded enterprises in six aspects."?

Firstly, Let domestic and foreign-funded enterprises stand on the starting line of fair competition. The new tax law unifies the income tax system of domestic and foreign-funded enterprises from five aspects: tax law, tax rate, pre-tax deduction, tax preference and collection management. The income tax treatment of all types of enterprises is consistent, so that domestic and foreign-funded enterprises are equal under a fair tax system environment. compete.

The second is to help improve the investment capabilities of enterprises. The new tax law adopts the basic model of the corporate income tax system and implements consolidated taxation for business institutions established by enterprises that do not have legal person status. This allows the income and costs within the same legal entity to be calculated after aggregation, reducing corporate costs and improving efficiency. competitiveness of enterprises.

The new tax law adopts a statutory tax rate of 25%, which is at a moderately low level internationally. It will help reduce corporate tax burdens, increase after-tax surplus, and thereby increase investment incentives. The new tax law increases the deduction ratios for domestic enterprises in wages and salaries, donation expenditures, advertising expenses and business promotion expenses.

Baidu Encyclopedia-Corporate Income Tax