1. Trust products do not need to be taxed. Trust is not a taxpayer, and trust products will not be taxed in the process of operation and income distribution. Individual investors can declare and pay taxes on their own after earning income. As for the income obtained by institutional investors, it will be classified as enterprise income tax.

2. Personal income is subject to 20% personal income tax. Generally speaking, the purpose of trust products is debt investment and equity investment, and the trust itself does not need to pay taxes, but the income generated by the trust must pay personal income tax.

3. The interest earned by some trust products has decreased. If trust products are invested in government bonds and financial bonds issued by the state, the interest earned by them should also be tax-free. Interest on treasury bonds and financial bonds issued by the state is exempt from personal income tax.