How much turnover do trading companies need to declare?
Business tax and value-added tax must be paid if the monthly turnover reaches more than 30 thousand, and property tax must be paid regardless of the turnover. Official website, State Taxation Administration of The People's Republic of China, shows that according to Caishui (2014) No.71,small-scale taxpayers with monthly sales of 20,000 to 30,000 yuan are not subject to VAT. Business tax payers with a monthly turnover of 20,000 to 30,000 yuan are not required to pay business tax. Taxes on property behavior, such as property tax and land use tax. Regardless of the turnover, businesses need to pay taxes. For specific information, please pay attention to official website for first-hand authoritative information.