As the existing policy in Mainland China does not involve all the financial products and related tax treatments, the tax treatment of specific financial product should be in accordance with the nature, transaction mode, redemption and termination mode of the product.
In this article, Tricor China highlights the scope and implications of the VAT treatment on interest rate swaps (IRS).
To learn more, please download our article and book a meeting with Ms Mavy Zhao, Tax Manager of Tricor China, at mavy.z.zhao@cn.tricorglobal.com.
