Do Hybrid Vehicles Need to Pay Purchase Tax?

[JoannaFitz]

It depends on the specific model. Most hybrid vehicles are exempt from purchase tax, except for mild hybrid models such as the Changan Eado Blue Core Edition and Geely Borui MHEV, as well as medium hybrid models like the Toyota Corolla, Toyota Levin, Honda CR-V Hybrid, and Beijing Hyundai Sonata Hybrid. Introduction to Purchase Tax: Vehicle purchase tax is a tax levied on units and individuals who purchase specified vehicles within the country, derived from vehicle taxes. The purchase tax is calculated based on the vehicle's selling price, with the taxpayer being the unit or individual purchasing the taxable vehicle, and the tax rate is 10%. Tax Payment Location: For taxable vehicles that require registration, the tax should be declared and paid to the competent national tax authority in the vehicle registration location. For taxable vehicles that do not require registration, the tax should be declared and paid to the competent national tax authority in the taxpayer's location.