What assets do enterprises need to pay value-added tax and business tax when selling?

1. Sales of fixed assets (goods listed in the Catalogue of Fixed Assets of Enterprises) in unused countries shall be taxed at a simple tax rate of 6%.

2. Sales of old fixed assets that meet the following three conditions are exempt from VAT.

1. Goods listed in the catalogue of fixed assets of enterprises;

Second, enterprises manage fixed assets to ensure the use of waste goods;

Third, the selling price does not exceed the original value of the goods.

One of the conditions does not meet the requirement of 4% reduction rate of VAT.

3. If an enterprise sells its used motor vehicles, yachts and motorcycles subject to consumption tax, and the sales price exceeds the original value, the value-added tax will be halved, and the tax rate will be 4%; If the selling price does not exceed the original value, the value-added tax shall be exempted.

4. Sales of real estate (sales of buildings or structures, sales of other land attachments) shall be subject to business tax at the rate of 5%.