Can Vehicle and Vessel Tax Be Refunded?

[VanJake]

Vehicle and vessel tax can be refunded under certain conditions. If duplicate tax payments are discovered or if the taxed vehicle or vessel is stolen, scrapped, or lost, the taxpayer can apply for a refund at the tax authority. Relevant information about vehicle and vessel tax is as follows: Introduction: Vehicle and vessel tax refers to a tax that owners or managers of vehicles and vessels within the territory of the People's Republic of China are required to pay according to the Vehicle and Vessel Tax Law of the People's Republic of China. Implementation Time: Starting from July 1, 2007, vehicle owners are required to pay vehicle and vessel tax when purchasing compulsory traffic insurance. On August 1, 2018, the Ministry of Finance, the State Taxation Administration, the Ministry of Industry and Information Technology, and the Ministry of Transport jointly issued the 'Notice on Preferential Vehicle and Vessel Tax Policies for Energy-Saving and New Energy Vehicles and Vessels,' which stipulates that new energy vehicles and vessels meeting the standards are exempt from vehicle and vessel tax, while energy-saving vehicles meeting the standards are subject to a 50% reduction in vehicle and vessel tax.