How much vehicle purchase tax should be paid for a car with a net price of 400,000 yuan?

[IslaFitz]

If the net price of 400,000 yuan is the transaction price of the vehicle, then a vehicle purchase tax of 40,000 yuan needs to be paid. The vehicle purchase tax is levied at 10% of the vehicle price. According to the "Vehicle Purchase Tax Law of the People's Republic of China," the vehicle purchase tax rate is 10%. The amount of vehicle purchase tax payable is calculated by multiplying the taxable price of the vehicle by the tax rate. The taxable price of the vehicle is determined according to the following provisions: For taxpayers purchasing vehicles for personal use, the taxable price is the total amount actually paid to the seller, excluding value-added tax; for taxpayers importing vehicles for personal use, the taxable price is the customs duty-paid price plus customs duties and consumption tax; for taxpayers producing vehicles for personal use, the taxable price is determined based on the sales price of similar taxable vehicles produced by the taxpayer, excluding value-added tax.