Do I Need to Pay Purchase Tax Again When Changing Cars?

[DeAva]

You need to pay purchase tax again when buying a new car. If you replace an old car with a new one and the new car has not yet paid the vehicle purchase tax, you will need to pay the vehicle purchase tax again. Calculation method for vehicle purchase tax: The formula for calculating vehicle purchase tax is: Vehicle Purchase Tax Payable = Taxable Vehicle Price × Tax Rate; According to the "Vehicle Purchase Tax Law of the People's Republic of China," the vehicle purchase tax rate is 10%. Concept of vehicle purchase tax: The taxable price for taxpayers purchasing self-use taxable vehicles is the total price actually paid to the seller, excluding VAT. For imported self-use taxable vehicles, the taxable price is the customs duty-paid price plus customs duties and consumption tax. For self-produced self-use taxable vehicles, the taxable price is determined based on the selling price of similar taxable vehicles produced by the taxpayer, excluding VAT.