Do electric vehicles need to pay purchase tax?
1 Answers
As long as electric vehicles are listed in the new energy vehicle catalog, they are exempt from purchase tax when registering. Below is an introduction to vehicle purchase tax: Introduction: Vehicle purchase tax is a tax levied on units and individuals purchasing specified vehicles within the country, evolving from the vehicle purchase surcharge. Vehicle purchase tax is ad valorem based on the taxable price of the vehicle purchased by the taxpayer, using price as the tax standard, directly relating taxation to value, with higher-value vehicles taxed more and lower-value vehicles taxed less. Characteristics: Vehicle purchase tax is levied at a single unified proportional rate, with the rate not varying with the amount of the taxable object, making it simple to calculate and stable in burden, conducive to tax administration according to law. Vehicle purchase tax is imposed only once, specifically when the vehicle exits circulation and enters the consumption field.