Do new energy vehicles need to pay purchase tax?

1 Answers
DiReed
07/29/25 3:14pm
New energy vehicles are exempt from purchase tax. From January 1, 2021 to December 31, 2022, the purchase tax is exempted for new energy vehicles. Vehicles that need to pay purchase tax: Cars, including various types of cars, motorcycles, motorcycles with a displacement exceeding 150 milliliters, electric vehicles, trolleybuses, wheeled public vehicles powered by electricity and supplied by special transmission cables, trams, public vehicles powered by electricity and running on tracks, trailers, and agricultural transport vehicles. Vehicle purchase tax calculation formula: Tax payable = taxable price × tax rate (if the taxable price is lower than the minimum taxable price promulgated by the State Administration of Taxation, the minimum taxable price stipulated by the State Administration of Taxation shall be applied).
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