Financial leasing input tax, should not be declared as fixed asset input tax. The lessee pays the down payment to the financial leasing company, the financial leasing company pays the equipment dealer in the form of an advance, and the equipment dealer issues a VAT invoice to the lessee. The lessee obtains the ownership of the equipment and sells the equipment to the financial leasing company in the form of sale and leaseback (the sale is exempted from value-added tax, business tax and income tax), and the latter then leases it to the lessee for use. Strictly speaking, the equipment dealer is to issue the invoice to the financial leasing company, financial leasing to the company to issue financial leasing invoices (in addition to Shanghai and other pilot cities, still business tax invoices).