Divide the Purchase Tax by 11.3 or 11.7?

[StHaven]

Vehicle purchase tax is calculated by dividing the invoice price including tax by 11.3. Previously, the tax rate was 17%, and the divisor was 11.7. Here is the relevant introduction: 1. Vehicle purchase tax: Vehicle purchase tax is a tax levied on units and individuals who purchase specified vehicles within the country. It evolved from the vehicle purchase surcharge. 2. Single collection method: Vehicle purchase tax is levied ad valorem based on the taxable vehicle's purchase price declared by the taxpayer. The tax is directly related to the price, with higher-value vehicles taxed more and lower-value vehicles taxed less.