Definition of Financial Real Estate Development by Ministry of Finance and State Taxation Administration of The People's Republic of China.
Article 12 of the Notice on Value-added Tax Policy for Educational Auxiliary Services (Caishui No.2004). 20 16 140) stipulates that "intangible assets such as R&D and technical services, information services, forensic consulting services, sales technology, copyright, etc. are provided by ordinary taxpayers in non-enterprise units, and you can choose the simple tax calculation method and pay VAT at the rate of 3%."
At the same time, technology transfer and technology development services that meet the tax exemption policy can still be tax-free.
According to the spirit of the notice, our school will apply to the tax authorities for simple collection of value-added tax on the above scientific research projects. Because it takes about one month to apply for simple collection and processing, it is still necessary to apply for issuing a VAT invoice with a tax rate of 6% before completing the processing. Therefore, unless necessary, it is recommended that you apply for issuing VAT invoices after completing simple collection.