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Is the formal invoice for property parking a VAT invoice?
Yes
Property vehicle parking service belongs to the category of taxable services, that is, taxpayers who collect fees need to pay value-added tax to the tax authorities in accordance with the prescribed proportion. Therefore, the parking lot invoice needs to pay VAT.
Special VAT invoices are printed under the supervision of People's Republic of China (PRC) State Taxation Administration of The People's Republic of China, and are only used by general VAT taxpayers. They are not only important accounting vouchers for taxpayers to reflect their economic activities, but also legal vouchers for sellers' tax obligations and buyers' input tax.
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