For tangible movable property leasing services, the VAT rate is 17%. If it is a tangible movable property leasing service provided by small-scale taxpayers, the VAT rate of 3% is applicable. Tangible movable property refers to property that can be felt or touched and moved. Such as furniture, automobiles, jewelry, works of art, etc., but cash and current accounts are not tangible movable property, and the law does not clearly stipulate whether computer data belongs to tangible movable property. Tangible movable property includes fixed assets. Movable property is something that can be moved and its value will not be damaged by moving. Refers to movable property that can be felt or touched, such as furniture, cars, jewelry, works of art, etc., but cash and current accounts are not tangible movable property, and real estate is something that cannot be moved or can be moved, but its value will be damaged by moving.

People's Republic of China (PRC) tax collection management law

Article 25

Taxpayers must truthfully file tax returns in accordance with the time limit and content specified by laws and administrative regulations or determined by tax authorities in accordance with the provisions of laws and administrative regulations, and submit tax returns, financial and accounting statements and other tax payment materials required by tax authorities according to actual needs.

Withholding agents must truthfully submit the tax withholding and collection report form and other relevant materials required by the tax authorities according to the actual needs in accordance with the time limit and contents of the declaration stipulated by laws and administrative regulations or determined by the tax authorities.