Do Used Cars Still Require Purchase Tax?

[KayleeLynn]

Used cars typically do not require the purchase of a purchase tax. A vehicle only needs to pay the purchase tax once, usually when it is bought as a new car. Used cars do not need to pay the purchase tax. However, if the purchase tax was not paid when the car was new, the new owner will need to pay the outstanding purchase tax after the used car transaction. Additional information is as follows: 1. Purchase Tax: The vehicle purchase tax is a tax levied on units and individuals who purchase specified vehicles within China. It evolved from the vehicle purchase surcharge. The current basic regulation of the vehicle purchase tax law is the "Interim Regulations of the People's Republic of China on Vehicle Purchase Tax," implemented from January 1, 2001. 2. Lost Tax Certificate: If the vehicle purchase tax certificate is lost, after the newspaper publishes your loss statement, go to the tax authority to obtain the "Application Form for Vehicle Purchase Tax Replacement and Supplement." Bring the "Application Form for Vehicle Purchase Tax Replacement and Supplement," the newspaper with the loss statement, your ID card, and the vehicle registration certificate to the vehicle purchase tax transfer and supplement window to complete the replacement procedure.