Is it necessary for the property company to pay taxes when it collects water and electricity bills and issues invoices to the other party?

The utility charges collected by the property company shall be invoiced for value-added tax according to the applicable tax rate of the goods sold.

The collection of value-added tax usually includes all links in the production, circulation or consumption process. It is a neutral tax based on value-added or price difference. Theoretically, it includes all sectors such as agriculture (planting, forestry and animal husbandry), mining, manufacturing, construction, transportation and commercial services. Or divide the procurement, manufacturing, wholesale, retail and consumption according to raw materials.

Extended data:

According to the Announcement of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on the Value-added Tax of Tap Water Fee in Property Management Services, the tap water fee charged by taxpayers for providing property management services to clients shall be regarded as the sales after deducting the tap water fee paid by them, and the VAT shall be calculated and paid at the rate of 3% according to the simple tax calculation method.

General taxpayers providing property services can issue special VAT invoices in full when transferring tap water and water charges (excluding sewage treatment fees and water resources fees), and there is no need to select the differential tax function when issuing them.

Baidu Encyclopedia-VAT

People's Network-The property management company collects water charges at the original price, and does not charge VAT.