What are the VAT rates for financial services?
|Type of supply||VAT rate|
|Margin-based products (products not having an explicit fee, commission, rebate, discount or similar)||Exempt|
|Products with an explicit fee, commission, rebate, discount or similar||5%|
|Interest on forms of lending (including loans, credit cards, and finance leasing)||Exempt|
|Issue, allotment or transfer of an equity or debt security||Exempt|