Do hybrid vehicles need to pay purchase tax?
1 Answers
Hybrid vehicles need to pay purchase tax, which is a tax stipulated by the state and is neither exempt nor halved. New energy vehicle purchase subsidies: Purchasing new energy vehicles can qualify for financial subsidies from both the national and local governments. From January 1, 2021, to December 31, 2022, new energy vehicles purchased are exempt from vehicle purchase tax. Introduction to purchase tax: Vehicle purchase tax is a tax levied on units and individuals who purchase specified vehicles within the country. It is determined by the ex-factory price of the vehicle (excluding VAT), and the more expensive the vehicle, the higher the purchase tax required. Currently, the vehicle purchase tax rate is 10%.