Can You Get License Plates Without Paying Vehicle Purchase Tax?
1 Answers
You cannot get license plates without paying the vehicle purchase tax. The vehicle management office will only issue license plates after the tax has been paid. Additionally, compulsory traffic insurance must be purchased before license plates can be obtained. More information about vehicle purchase tax is as follows: 1. Vehicle Purchase Tax: The purchase tax is a tax levied by tax authorities on the acquisition of specified properties and assets within the scope of the tax system, such as the vehicle purchase tax. It is a tax imposed on units and individuals who purchase designated vehicles within China, evolving from the vehicle purchase surcharge. 2. Specific Tax Rate: The current basic regulation for vehicle purchase tax is the "Interim Regulations of the People's Republic of China on Vehicle Purchase Tax," effective from January 1, 2001. The taxpayers of vehicle purchase tax are units and individuals who acquire taxable vehicles (including purchase, import, self-production, gift, award, or other means of acquisition for personal use). The taxable scope includes cars, motorcycles, electric vehicles, trailers, and agricultural transport vehicles, with a tax rate of 10%. The formula for calculating the tax payable is: Tax Payable = Taxable Price * Tax Rate.
