How to invoice the transfer of real estate for public welfare by real estate enterprises and how to invoice the transfer of real estate. Accounting for asset disposal.

Article 4 of People's Republic of China (PRC) State Taxation Administration of The People's Republic of China Announcement No.2016 14 When transferring the real estate it has acquired, the small-scale taxpayer shall pay the value-added tax according to the following provisions: when transferring the real estate it has acquired (excluding self-construction), all the price and extra expenses obtained shall be deducted from the original purchase price of the real estate or the balance after pricing when acquiring the real estate, and the taxable amount shall be calculated at the tax rate of 5%.