What is the tax rate for public utilities?

5% to 17. In the VAT policy, different goods and services are subject to different tax rates, while public utilities belong to energy goods and services, and their tax rates are higher than other goods and services. In order to encourage energy conservation and emission reduction and promote the development of renewable energy, the government has controlled the tax rate of public utilities at 5% to 17, implemented preferential policies for energy goods and services such as hydropower and reduced their tax rates.