The management committee of the building rents out parking spaces and collects rent, and it should go through tax registration and levy business tax

The Taipei National Taxation Bureau of the Ministry of Finance stated that the building management committee should apply for tax registration and levy business tax if it charges rent for renting out parking spaces.
The bureau stated that if the building (shape) management committee is established based on mutual help, the management fees it collects from residents can be exempted from tax registration and business tax. If the management committee of the building rents out the parking spaces of the building to non-residents based on the consideration of activating assets and increasing the source of income, it adopts a per-use or hourly fee, or provides parking spaces for other people to park on a regular basis. Handle tax registration and levy business tax.
For example, the Bureau’s Management Committee of Building A has adopted a time-based charging method since July 2011, renting out parking spaces to non-residents, and collecting a monthly rental income of NT$100,000 (the same below); Lease the parking space for the use of Company B, and charge a monthly rent of 150,000 yuan; since the monthly sales of Building A Management Committee's 250,000 yuan (100,000 yuan + 150,000 yuan) has reached the standard for the use of unified invoices (monthly sales of 200,000 yuan) RMB 10,000), the tax collection agency will verify that it will use a unified invoice from July 2011 and levy business tax at a rate of 5%.
The bureau called on the building management committee to report to the national taxation department of the jurisdiction as soon as possible if the building management committee rents out the parking space of the building without tax registration. Those who register with the tax registration bureau and automatically make up the tax evasion with accrued interest may be exempted from punishment in accordance with Article 48-1 of the Tax Collection Act.
(Contact person: Auditor Yang of the Fourth Section of Review; Tel: 2311-3711 ext. 2572)