Do motorcycles require purchase tax?
1 Answers
Motorcycles do not require purchase tax, but the following points should be noted: 1. Displacement: Motorcycles with a displacement of 150ml or below are exempt from vehicle purchase tax. 2. Vehicle origin: Individuals and entities purchasing cars, motorcycles with a displacement exceeding 150ml, trams, or trailers within the territory of the People's Republic of China are taxpayers for vehicle purchase tax. Relevant information about purchase tax is as follows: 1. Purchase tax: It is a tax levied by tax authorities on the purchase of relevant properties and assets within the scope of the purchase tax system, such as vehicle purchase tax. 2. Calculation method: Vehicle purchase tax payable = taxable price × 10% (passenger vehicles with a displacement of 1.6 liters or below are subject to a reduced rate of 7.5%).