What is the VAT rate for financial leasing business?
The value-added tax of financial leasing business refers to the tangible movable property financial leasing service provided by enterprises, with the value-added tax rate of 13% and the real estate financial leasing service with the tax rate of 9%. However, those who provide financing after-sale leaseback services are "loan services" in financial services, and the tax rate of 6% is applicable. According to Caishui No.201636 document.