General Provisions - Non-monetary assets such as cash, bank deposits, accounts receivable, and bonds are used by companies for external investments to achieve resource integration, which is treated as a sale of goods when provided to other units or individuals [2] - Certain situations are treated as sales of services, intangible assets, or real estate, including the gratuitous transfer of intangible assets or real estate to other units or individuals, except for public welfare purposes [2] Special Provisions - In asset restructuring, the transfer of physical assets along with associated debts and labor to other units or individuals is not subject to value-added tax (VAT), and the transfer of goods involved is exempt from VAT [3] Corporate Income Tax - Companies must assess non-monetary assets for external investments and calculate the transfer income based on the fair value after deducting the tax basis [4] - Resident enterprises can spread the recognized transfer income over a maximum of five tax years, while 100% owned parent-subsidiary companies have preferential policies [4] - Non-resident enterprises investing in domestic companies must pay taxes in a lump sum without deferred tax provisions [4] Individual Income Tax - Individuals transferring non-monetary assets must calculate personal income tax based on the transfer income, which is the fair value minus the original value and reasonable taxes [5] - Individuals must report and pay taxes by the 15th of the month following the taxable event, with the option to propose a payment plan for up to five years if needed [5] Land Value Increment Tax - Real estate developers transferring properties for employee benefits, rewards, or other non-direct sales must recognize income based on the average price of similar properties sold in the same area and year [5] - During restructuring, the transfer of real estate as investment does not incur land value increment tax, except when one party is a real estate developer [5] Consumption Tax - Taxpayers using taxable consumer goods for investments or debt settlement must calculate consumption tax based on the highest selling price of similar goods [6]

Group 1 - The article discusses the implementation of electronic delivery of social insurance fee documents in Ningbo starting from November 1, 2025, aimed at enhancing payment service convenience and protecting the rights of payers [1][5]. - The electronic delivery function will be available on the social insurance management client, allowing users to access important documents such as the "Notice of Correction" and "Judgment on Social Insurance Fees" [3][5]. - The initiative is part of a broader effort to modernize tax services and improve efficiency in document handling within the social insurance system [1][3]. Group 2 - The article highlights the importance of understanding the new electronic delivery process for social insurance documents, which is expected to streamline communication between tax authorities and taxpayers [1][3]. - It emphasizes that the electronic delivery will include various types of documents related to social insurance, making it easier for users to manage their obligations [3][5]. - The article encourages readers to stay informed about these changes to ensure compliance and benefit from the improved services [1][5].