What is the tax rate and collection rate of the financial industry?

Taxpayers are divided into general taxpayers and small-scale taxpayers. Taxpayers who provide financial services with annual value-added tax sales exceeding 5 million yuan (inclusive) are general taxpayers, and taxpayers who do not exceed the prescribed standards are small-scale taxpayers.

The applicable tax rate for general taxpayers is 6%; The tax rate for financial services provided by small-scale taxpayers and financial services provided by ordinary taxpayers in specific financial institutions that can choose simple taxation methods is 3%.

If the domestic buyer withheld and remitted the value-added tax for overseas units and individuals, the value-added tax shall be withheld and remitted at the applicable tax rate.