You are asking whether asset management products investing in currency funds need to pay value-added tax, right?

If you invest in over-the-counter currency funds, then all of them are dividends. Where does the price difference come from? No need to pay value-added tax or income tax.

If you invest in an on-site currency fund and buy and sell on the exchange, part of it will be dividends and part of it will be the price difference.

If the price difference is the price difference obtained by public funds from buying and selling exchange-traded currency funds, no VAT shall be paid;

If it is the price difference obtained by private equity asset management products from buying and selling exchange-traded currency funds, Need to pay VAT.