What is the tax rate of equipment leasing invoice

16%, 10% and so on. Equipment leasing belongs to the tangible movable property leasing service, for the VAT rate of equipment leasing, according to the Notice of the Ministry of Finance and the State Administration of Taxation on the Adjustment of the VAT Rate (Cai Shui [2018] No. 32), starting from May 1, 2018, the VAT rate is adjusted to 16%, 10%, 6%, and 0%.