Measures for VAT Treatment of Assets Management Products
The VAT treatment method for asset management products refers to the simple tax calculation method temporarily used by the asset management product manager for VAT taxable behavior in the process of operating asset management products. Generally, the asset management products are subject to VAT at a rate of 3%. The asset management product managers include banks, trust companies, public fund management companies and their subsidiaries, securities companies and their subsidiaries, futures companies and their subsidiaries, private fund managers, insurance asset management companies, professional insurance asset management institutions, pension insurance companies, etc. The asset management products include bank financial products, fund trust (including collective fund trust, single fund trust), property rights trust, publicly offered securities investment funds, etc.