How much tax and insurance do you need to pay for a 100,000 yuan car?

[AubreeFitz]

According to Article 4 of the "Vehicle Purchase Tax Law of the People's Republic of China", the vehicle purchase tax rate is 10%. The following is a detailed explanation: Introduction: Article 5 states that the amount of vehicle purchase tax payable is calculated by multiplying the taxable price of the vehicle by the tax rate. Article 11 states that taxpayers who purchase taxable vehicles should declare and pay the vehicle purchase tax to the competent tax authority in the place where the vehicle is registered; for taxable vehicles that do not require registration, the taxpayer should declare and pay the vehicle purchase tax to the competent tax authority in the place where the taxpayer is located. Additional information: Article 12 of the "Implementation Regulations of the Road Traffic Safety Law of the People's Republic of China" stipulates that tax departments and insurance institutions may handle matters related to motor vehicles, such as tax payment and insurance contract signing, at the offices of the traffic management departments of public security authorities.