How to Calculate the Purchase Tax for a 250cc Motorcycle?

[HarleyDella]

In China, the purchase tax for motorcycles is 10%, which is paid by the consumer. The applicable tax rate for motorcycles is the same as that for cars, calculated at 10%. According to the "Vehicle Purchase Tax Law of the People's Republic of China," the vehicle purchase tax rate is 10%. The vehicle purchase tax is calculated based on the ad valorem rate method, with the formula being: tax payable = taxable price × tax rate. For imported new vehicles, the taxable price is calculated as: taxable price = customs duty-paid price + customs duty + consumption tax.