Is it necessary to pay VAT for special maintenance funds for residential buildings?

Is it necessary to pay value-added tax on the special maintenance funds collected by the real estate department?

A: No, the special maintenance funds collected by the real estate department or its designated institutions are projects that do not levy value-added tax. Therefore, the special maintenance funds collected by the real estate authorities do not need to pay VAT.

Relevant regulations:

Annex 2 of the Notice of State Taxation Administration of The People's Republic of China of the Ministry of Finance on Comprehensively Promoting the Pilot Project of Changing Business Tax to Value-added Tax (Caishui [2065438+06] No.36): Provisions on Relevant Matters Concerning the Pilot Project of Changing Business Tax to Value-added Tax.

(2) Projects not subject to VAT. Special residential maintenance funds collected by real estate departments or their designated institutions, provident fund management centers, development enterprises and property management units.

What is the residential special maintenance fund?

Residential special maintenance funds refer to funds earmarked for the maintenance, renewal and transformation of residential parts and facilities after the expiration of the warranty period. Commercial housing is shared by the relevant owners in proportion to the construction area of their respective properties. Public housing is shared by the relevant owners and public housing sales units in proportion to the special maintenance funds deposited in the house.