VAT rate of intangible assets transfer

The VAT rate of intangible assets transfer depends on the specific circumstances.

According to the provisional regulations on value-added tax, the following two tax rates can be applied to the transfer of intangible assets:

The general VAT rate of 1 and 6% is applicable to the purchase of intangible assets transfer rights, patents, copyrights, etc.

2. The tax rate of 17% is applicable to the purchase of intangible assets such as real estate transfer right and land use right by enterprises.