How much is the tax for a car?
1 Answers
Car tax is levied at 10% of the vehicle price. Vehicle Purchase Tax: According to Article 3 of the 'Vehicle Purchase Tax Law of the People's Republic of China', the vehicle purchase tax is imposed as a one-time levy. Vehicles that have already been subject to the vehicle purchase tax will not be taxed again. Principle of Fairness: This aims to protect lawful income, eliminate illegal income, rectify unreasonable income, and regulate excessively high income. Therefore, the imposition of the vehicle purchase tax can help regulate excessive consumer spending. Ability-to-Pay Principle: This means that those with higher incomes bear more tax, while those with lower incomes bear less. Individuals with higher consumption capacity should bear more tax than those with average consumption capacity.