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Do I need to pay tax on the four-phase cash withdrawal of Golden Tax Credit Card?
No need.

There is no tax for cashing in the fourth phase of the golden tax credit card, and the state collects taxes, not personal deposits. Cash-out of the four-phase credit card of Golden Tax is a personal deposit, and there is no need to pay tax.

The fourth phase of golden tax is the fourth phase of the golden tax project plan implemented by the state and the upgraded version of the third phase. The biggest feature of the fourth phase of Golden Tax is the establishment of a relatively complete enterprise information networking verification system, which is committed to promoting information sharing and inquiry of tax-related business among the People's Bank of China, ministries and relevant institutions.