. Announcement of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Value-added Tax on Taxpayers' Sales of Related Funds (Announcement of State Taxation Administration of The People's Republic of China). [2011] No.8) stipulates that the associated gold mentioned in Caishui [2002] 142 refers to the associated gold in other mineral products, smelting intermediate products and other raw materials that can extract gold; Where a taxpayer sells goods containing associated money and applies for exemption from value-added tax, it shall issue a valid certificate of the content of associated money, and separately account for the sales of associated money and other components.

According to the Announcement of Jiangxi Provincial State Taxation Bureau on the Administration of Exemption from Value-added Tax on Taxpayers' Sales of Associated Funds (Announcement No.2 of Jiangxi Provincial State Taxation Bureau No.2011), taxpayers applying for exemption from value-added tax on associated funds should provide the competent State Taxation Bureau with the valid testing qualification certificate of the testing unit and the testing report issued by the testing unit for each business. After confirming the qualification of the inspection unit that issued the inspection report, the competent State Taxation Bureau shall handle the relevant tax exemption matters with the inspection report. Those who have not been tested by qualified testing units shall not enjoy tax exemption.

Therefore, the gold associated gold contained in copper products produced by copper processing enterprises can be treated as an appreciation policy, and the effective proof of the associated gold content should be a test report issued by a qualified testing unit.