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What is the tax rate for financial leasing?
If it is a general taxpayer, the VAT rate of financial leasing shall be implemented according to the financial insurance tax rate, that is, 6%;
If it is a small-scale taxpayer, the VAT rate for financial leasing is 3%. Because of the COVID-19 epidemic, the small-scale taxpayer outside Hubei is subject to the collection rate of 1%.
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