第一太平(00142)发布Metro Pacific Investments Corporation截至2025年6月30日止6个月业绩，MPIC于 2025年上半年维持其强劲增长势头，录得综合核心溢利净额增加20%至150亿披索，相比之下，于2024 年同期为125亿披索。 报告溢利净额由125亿披索飙升36%至170亿披索，此乃由出售MPIC的石油储存公司Philippine Coastal Storage and Pipeline Corporation的收益所推动。 在MPIC的核心业务中，电力继续占最大贡献，达112亿披索或营运溢利净额的64%。相比之下，水务及 收费道路分别贡献38亿披索及33亿披索，占营运溢利净额之41%。 MPIC投资组合中各业务之财务及营运表现有所改善，推动营运贡献增加18%至175亿披索，此乃由 MERALCO的发电业务增长强劲、MAYNILAD实施收费上调以及整个MetroPacific Hospitals网络病人数 目上升所带动。 ...

Core Viewpoint - The article discusses various types of leasing services, including operational leasing and financial leasing, along with their respective tax treatments in China [2][4][16]. Group 1: Operational Leasing - Operational leasing involves transferring the use of tangible or intangible assets without changing ownership, categorized into tangible asset leasing and real estate leasing [2]. - The tax rate for real estate leasing services is 9%, while the tax rate for tangible asset leasing services is 13% [4][11]. Group 2: Financial Leasing - Financial leasing is divided into direct financial leasing and financial sale-leaseback. Direct financial leasing allows the lessee to use the asset while retaining ownership with the option to purchase at the end of the lease [3][4]. - Financial sale-leaseback involves selling an asset to a leasing company and then leasing it back, with a tax rate of 6% applicable under financial services [4]. Group 3: Transportation Leasing - Various transportation leasing services include time chartering, bareboat chartering, and wet leasing, each with specific tax treatments. For instance, time chartering for water transport is taxed at 9% [5][9]. - Wet leasing involves leasing aircraft with crew, also taxed at 9% under aviation transport services [8][9]. Group 4: Specific Leasing Services - Specific leasing services include vehicle parking, road toll services, and advertising space leasing on real estate, with varying tax rates from 6% to 13% depending on the service type [13][14][15]. - The leasing of construction equipment can be categorized into those with and without operators, affecting the applicable tax rates [15]. Group 5: Policy Basis - The article references several policies and notifications from the Ministry of Finance and the State Administration of Taxation regarding the implementation of VAT in leasing services [16].