What kind of hotel can issue special VAT invoices?

From May 65438, 2065438 to May 2065438 1 day, our city implemented the pilot project of "reform of the camp". Taxpayers should conduct financial accounting in accordance with the value-added tax system and issue value-added tax invoices supervised by the national tax authorities. Therefore, the hotel can issue a special VAT invoice.

Value-added tax is a turnover tax based on the value-added amount of goods (including taxable services) generated in the circulation process.

Value-added tax is a tax levied on the value-added of units and individuals who sell goods or provide processing, repair and replacement services and import goods.

Value-added tax has become one of the most important taxes in China, accounting for more than 60% of all taxes in China, and it is the largest tax.

Value-added tax is collected by the State Taxation Bureau, 75% of which comes from the central government and 25% from local governments.