How soon must taxes be paid for a new car?
2 Answers
New cars must pay the purchase tax within 60 days at the latest. Introduction to Purchase Tax: Vehicle purchase tax is a tax levied on units and individuals who purchase specified vehicles within the country, derived from the evolution of vehicles. The purchase tax amount is calculated based on the vehicle's selling price, with taxpayers being the units and individuals purchasing taxable vehicles, at a rate of 10%. Tax Payment Location: For purchasing taxable vehicles, the tax should be declared and paid to the competent national tax authority at the vehicle registration location; for purchasing taxable vehicles that do not require registration procedures, the tax should be declared and paid to the competent national tax authority at the taxpayer's location.
As an ordinary car owner, I have always paid attention to the timing of new car tax payments. In fact, after purchasing a new car, the tax must be paid before registering the vehicle—typically within a few weeks of purchase, often calculated at the time of signing the car purchase contract. Delaying payment can result in fines or even prevent you from obtaining a license plate and driving legally. This is not just an additional expense but also affects daily driving convenience. From personal experience, I know it’s important to budget for this cost in advance. The tax is used for road maintenance and traffic signal upgrades, making travel safer and more reliable. From an environmental perspective, it’s worth mentioning that some regions offer tax incentives for electric vehicles to encourage sustainable transportation. In short, don’t wait too long—handle it promptly to avoid trouble and ensure your new car can be put to use smoothly.
