VAT taxable services seven categories of mnemonic for "housing construction, transportation, catering, advertising, art and property". Specifically, these seven categories of taxable services include the following: 1. real estate construction services: refers to engage in contracted projects, provide construction services, decoration and other services related to real estate construction. 2. transportation services: including railroads, roads, waterways, air and urban transportation and other transportation services. 3. catering services: refers to the provision of food, drinks or tea and other treatment of consumers, and provide consumers with the services of the premises. 4. advertising services: covering advertising, advertising, advertising, advertising, art and property services. 4. advertising services: covering advertising planning, design, production, release and other advertising-related services. 5. cultural and artistic services: including cultural creativity, books and audiovisuals, cultural and artistic performances and other cultural and artistic-related services. 6. telecommunication, computer and information services: including telecommunication, computer network and software technology services and other information-related services. 7. property services: referring to the provision of property management services for properties and their users. Property services: refers to the provision of property management services for properties and their users. It should be noted that not all of the above taxable services are subject to VAT, and the specific circumstances should be judged in conjunction with the provisions of national and local regulations.
What are the special circumstances that need special attention regarding VAT taxable services? The specific tax method and tax rate for VAT taxable services may vary depending on the services. In addition, there are corresponding tax policies for some special cases such as cross-border services and small and micro enterprises. Therefore, in practice, it is necessary to carefully understand the relevant regulations and tax policies in order to avoid unnecessary financial burdens due to wrong taxation.
The seven categories of VAT taxable services, including real estate construction, transportation services, catering services, advertising services, cultural and artistic services, telecommunication, computer and information services, and property services, are summarized in the mnemonic "Building, Transportation, Catering, Advertising, and Arts Property". In practice, it is necessary to carefully understand the relevant regulations and tax policies to ensure that the tax is accurate and to avoid unnecessary financial burden.
Legal basis:
Article 5 of the Provisional Regulations of the People's Republic of China on Value-Added Tax (VAT) Taxpayers who sell goods or provide taxable services shall calculate and pay VAT in accordance with the provisions of these Regulations.