Policy Basis - The notification from the Ministry of Finance and the State Administration of Taxation outlines the timing for VAT tax obligations, which occur when the taxpayer engages in taxable activities and receives payment or obtains a receipt for the payment on the same day; if an invoice is issued first, the obligation arises on the day the invoice is issued [4]. Property Management Financial Practices - Property management companies typically expect to receive property fees from owners by the 10th of each month, which is when they are required to pay VAT [5]. - If property fees are not received by the 10th, the company still has the right to collect payment on the contractually agreed date, which triggers the VAT tax obligation [7]. - The term "receipt" refers to the written contract stipulating the payment date, and it also includes the settlement time agreed upon after the taxable service is completed [10]. Tax Reporting and Compliance - It is essential for property management companies to report accurately during tax declarations, even if all property fees have not been collected; they must declare any unbilled income and maintain proper documentation such as contracts and collection records for verification [12].

Group 1 - The article discusses the electronic invoicing system for toll fees, highlighting the classification of electronic invoices into taxable and non-taxable categories [9] - It specifies that electronic invoices for toll fees must indicate "toll fee" in the upper left corner and display applicable tax rates to be used for VAT input deduction [9] - The article also mentions that customers who prepay toll fees can receive non-taxable invoices from ETC service providers, which cannot be used for VAT input deduction [9] Group 2 - The article addresses the tax implications for companies renting properties from individual landlords for employees on long-term business trips, specifically regarding the exemption from stamp duty [10][11] - It cites regulations stating that rental contracts signed by individuals for housing are exempt from stamp duty [11] - The article clarifies that companies can also benefit from stamp duty exemptions under certain conditions as outlined in the relevant tax policies [11]

Core Viewpoint - The article outlines the new stamp duty policies related to enterprise restructuring and reform, effective from October 1, 2024, to December 31, 2027, detailing exemptions and obligations for various scenarios [8]. Summary by Sections Stamp Duty Exemptions and Obligations - New enterprises formed during the restructuring of companies or institutions will not be required to pay stamp duty on the portion of paid-in capital (equity) and capital reserves that has already been taxed, while any unpaid portions and new additions must be taxed according to regulations [9]. - For debt-to-equity swaps approved by the State Council, the newly increased paid-in capital (equity) and capital reserves will be exempt from stamp duty [9]. - Any increase in paid-in capital (equity) and capital reserves due to assessments during restructuring must be taxed as per regulations [9]. - Funds recorded under other accounting categories that are converted into paid-in capital (equity) or capital reserves will also be subject to stamp duty [9]. Taxation on Contracts - Contracts established before restructuring but not yet fulfilled will have their stamp duty obligations inherited by the restructured entity, provided the tax basis remains unchanged and stamp duty was previously paid [10]. - Property transfer documents related to restructuring, mergers, splits, and bankruptcies will be exempt from stamp duty [10]. - Administrative adjustments of land use rights and property ownership by government entities will also be exempt from stamp duty [10]. Scope of Policy Application - The policy applies to various forms of enterprise restructuring, including the transformation of non-corporate entities into limited liability companies or joint-stock companies, and vice versa, as long as the original investors maintain a significant stake [11]. - Restructuring includes mergers, splits, asset or equity contributions, and debt restructuring [11]. - The original investors must remain in the restructured entity, although their investment proportions may change [11]. - The policy also covers the transformation of public institutions into enterprises, with original investors retaining a majority stake [11][12].

Core Viewpoint - The article emphasizes the importance of compliance with invoicing regulations, highlighting that non-compliant invoices cannot be used for tax deductions, refunds, or reimbursements [4][6]. Invoicing Regulations - All units and individuals must issue invoices in numerical order, ensuring complete and accurate information, and must print all copies at once with consistent content [4]. - Invoices lacking the payer's full name or taxpayer identification number are deemed non-compliant and cannot be used for tax deductions or refunds [4]. - Since July 1, 2017, businesses must provide their taxpayer identification number or unified social credit code when requesting VAT invoices, and sellers must include this information on the invoices [4]. Consequences of Non-compliance - Obtaining non-compliant invoices can lead to significant issues, including the inability to use them as tax evidence [6]. - Any unit or individual is prohibited from issuing invoices that do not reflect actual business transactions, including altering item names or amounts on invoices [6]. Additional Information - The article references specific regulations from the National Taxation Administration regarding VAT invoice issuance and compliance [4][12].

Group 1 - The article provides a step-by-step guide for businesses to log into the electronic tax bureau and file property tax declarations [1][2][4] - It details the process of selecting property tax and entering tax source information, including the maintenance of taxable information for properties used for rental [5][7][9] - The article emphasizes the importance of accurately reporting rental property values and areas, with specific instructions on the effective date of changes [9][10] Group 2 - It mentions the tax rate for non-resident enterprises receiving royalty payments, which can be subject to a reduced withholding tax rate of 10% under certain conditions [15][17] - The article discusses the applicability of stamp duty exemption policies, clarifying that both parties involved in a taxable document can benefit from the exemption [20][21]

Group 1 - The article discusses the exemption or reduction of stamp duty for various situations, including housing demand guarantees for residents, corporate restructuring, bankruptcy, and support for small and micro enterprises [2] - Specific documents that are not subject to stamp duty include effective legal documents from courts, arbitration documents, and administrative documents related to land compensation by government departments [2] - The article outlines the specific categories of entities eligible for stamp duty exemptions, including family farms, educational institutions, social welfare organizations, charitable organizations, and non-profit medical institutions [2] Group 2 - It addresses common misconceptions regarding stamp duty, such as whether borrowing contracts with small and micro enterprises are subject to stamp duty and the necessity of a sales contract for stamp duty liability [7] - The article provides a Q&A format to clarify common errors related to stamp duty policies, particularly in the context of corporate restructuring [7]