Do I need to invoice for non-operating income? Is it taxable income?

Do I need to invoice for non-operating income? Do you need an invoice? Do you need to understand that non-operating income is taxable income first? If you don't know much about this part, learn from deep space network!

Do I need to invoice for non-operating income?

Non-operating income belongs to taxable income and needs to be invoiced. For the business belonging to VAT, VAT invoices shall be issued. If it is not a business that should pay VAT, VAT invoice may not be issued.

What is classified as taxable income?

1, labor income from production and operation refers to the taxpayer's commodity (product) sales income, labor income, operating income, project price settlement income, industrial operating income and other business income;

2. Income from property transfer refers to the income from taxpayers' paid transfer of all kinds of property, including the income from the transfer of fixed assets, marketable securities, equity and other property;

3, interest income, refers to the taxpayer to buy all kinds of bonds and other securities interest, interest paid by other units and other interest income;

4. Rental income refers to the rental income of taxpayers renting fixed assets, packaging materials and other property;

5. Royalty income refers to the income obtained by taxpayers from providing or transferring patent copyright, non-patented technology, trademark right, copyright and other franchise rights;

6, dividend income, refers to the taxpayer's foreign investment in stocks, dividend income;

7, other income, including fixed assets inventory surplus income, fine income (except the confiscation income obtained by institutions acting as government functions), packaging deposit income, accounts payable that cannot be paid to creditors due, material inventory surplus income, current royalties and other income.