Do new energy vehicles require purchase tax?

[OAnderson]

Purchasing new energy vehicles does not require payment of purchase tax. 1. Legal provisions: For users of new energy vehicles, the most concerning issue is naturally whether new energy vehicles are subject to purchase tax. Upon careful reading of the "Vehicle Purchase Tax Law of the People's Republic of China," no relevant provisions were found. 2. Policy provisions: Referring to the "Announcement on Exempting New Energy Vehicles from Vehicle Purchase Tax" jointly issued by the Ministry of Finance, State Taxation Administration, Ministry of Industry and Information Technology, and Ministry of Science and Technology in 2017, the first article clearly states, "From January 1, 2018, to December 31, 2020, new energy vehicles purchased are exempt from vehicle purchase tax." This means that as long as the new energy vehicle is included in the "Catalog of New Energy Vehicle Models Exempt from Vehicle Purchase Tax" (almost all domestic and joint venture brand new energy models on the market are included in this catalog), no purchase tax will be levied before 2021. Even if it were to be imposed, the earliest would be after 2021.