Need. The fund itself does not need to pay VAT. Because fund products are financial products, they do not belong to the category of physical goods. However, if the enterprise purchases the fund and then transfers it, it belongs to the financial commodity transfer business and must pay the value-added tax according to the regulations. Value-added tax on the transfer of financial assets is calculated and paid according to the differential tax method, and the balance after deducting the purchase price from the selling price is the sales amount, and the applicable tax rate is about 6%.