How Many Percentage Points of Tax Should Be Paid When Buying a Car?
1 Answers
When buying a car, the tax generally refers to the purchase tax, which is usually 10% of the car's price after deducting the value-added tax. Below is relevant information about the vehicle purchase tax: Vehicle Purchase Tax: The vehicle purchase tax is calculated based on the taxable price of the vehicle purchased for personal use, which includes the total price paid to the car dealer and any additional fees, excluding the value-added tax. Laws and Regulations: The vehicle purchase tax is a mandatory tax that must be paid when purchasing a vehicle. All vehicle owners within the country, whether individuals or collective units, are required to pay the vehicle purchase tax.