Notice from the Ministry of Finance Regarding VAT Policies on Interest Income from Treasury, Local Government, and Financial Bonds
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Effective August 8, 2025, newly issued treasury bonds, local government bonds, and financial bonds will once again be subject to Value-Added Tax (VAT) on their interest income. Conversely, interest income from previously issued bonds of these types, including those issued after August 8, 2025, will remain VAT-exempt until the bonds reach maturity.