How much is the purchase tax for the Teana?
1 Answers
The purchase tax for the Teana is generally calculated by deducting 17% VAT from the car's purchase price (based on the sales invoice amount) and then multiplying by a 10% tax rate, which equates to 10% of the pre-tax price or approximately 8.5% of the car's purchase price. New purchase tax policy: The government has adjusted the vehicle purchase tax. The tax authority relies on an electronic information platform to automatically verify and issue the minimum taxable price for each vehicle based on collected price information. Calculating the purchase tax yourself: The Teana has 14 different models, each with varying prices, and even the same model may have different factory prices. Therefore, to determine how much purchase tax you need to pay for your Teana, we recommend that owners apply the aforementioned purchase tax calculation formula based on their car's purchase price. Additionally, owners are advised to keep their invoices safe.