Do electric vehicles require purchase tax?

[StCecilia]

Electric vehicles listed in the new energy vehicle catalog are exempt from purchase tax when registering. Below is an introduction to vehicle purchase tax: 1. Overview: Vehicle purchase tax is a levy imposed on entities and individuals purchasing specified vehicles within the country, evolving from the vehicle purchase surcharge. It is ad valorem based on the taxable vehicle's assessed price, using price as the taxation standard - directly correlating taxation with value (higher-value vehicles pay more, lower-value vehicles pay less). 2. Features: The tax applies a single unified rate percentage without variation based on taxable amount, featuring simple calculation, stable burden, and facilitating tax administration by law. It follows a one-time collection system, only levied at the specific stage when vehicles exit circulation and enter consumption.