Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

There seems to be two kinds of rental receipts, what is the difference?

difference receipts rental
0
10 Posted

There seems to be two kinds of rental receipts, what is the difference?

0
10

The receipt for the deposit is called “shouju” and is a simple written recognition that the landlord has received the money. The rental tax receipt (and other tax receipts) are called “fapiao” and the landlord has to pay tax (at present 5% of rental fee) to issue the receipt. You need “fapiao” for rental payments if you intend to use it in Chinese corporate bookkeeping or for any type of tax deductions in China.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123