{"id":109040,"date":"2025-11-01T03:22:09","date_gmt":"2025-11-01T03:22:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/109040\/"},"modified":"2025-11-01T03:22:09","modified_gmt":"2025-11-01T03:22:09","slug":"china-ends-gold-tax-break-in-setback-for-key-bullion-market","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/109040\/","title":{"rendered":"China Ends Gold Tax Break in Setback for Key Bullion Market"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">China is scrapping a long-standing gold tax incentive in a potential setback for consumers in one of the world\u2019s top bullion markets.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Starting on Nov. 1, Beijing will no longer allow retailers to offset a value-added tax when selling gold they bought from the Shanghai Gold Exchange, whether sold directly or after processing, according a new <a href=\"https:\/\/szs.mof.gov.cn\/zhengcefabu\/202510\/t20251031_3975421.htm\" title=\"link\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">legislation<\/a> from the Ministry of Finance. <\/p>\n","protected":false},"excerpt":{"rendered":"China is scrapping a long-standing gold tax incentive in a potential setback for consumers in one of the&hellip;\n","protected":false},"author":2,"featured_media":109041,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[63469,5560,114,1657,9575,19200,234,85,207,46,190,49439,3695,71042],"class_list":["post-109040","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bank-of-china-ltd-h","tag-beijing","tag-business","tag-china","tag-economic-growth","tag-generic-1st-gc-future","tag-government","tag-il","tag-india","tag-israel","tag-markets","tag-property-market","tag-retail","tag-shanghai-gold-exchange"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/109040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=109040"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/109040\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/109041"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=109040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=109040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=109040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}