How to Calculate the Purchase Tax for Imported Vehicles?

[DeOlivia]

Calculation method for the purchase tax of imported vehicles: Taxable price = Customs duty-paid price + Customs duty + Consumption tax, Tax payable = Taxable price × 10%. Foreign taxes mainly involve three stages: purchase, ownership, and usage. The taxes collected during the vehicle purchase stage account for a very small proportion of the total tax revenue, while the taxes collected during the usage stage account for a high proportion. However, the situation in China is different from that in foreign countries. The relevant materials required for the purchase tax of imported vehicles are as follows: 1. Original and one copy of the owner's identity proof: (1) For mainland residents, provide the mainland "Resident Identity Card" (including residence or temporary residence certificate) or "Resident Household Register" or military (including armed police) identity proof; (2) For residents of Hong Kong, Macao Special Administrative Regions, or Taiwan region, provide entry identity proof and residence proof; (3) For foreigners, provide entry identity proof and residence proof; (4) For organizations, provide the "Organization Code Certificate". 2. Original and one copy of the vehicle price proof: (1) For vehicles purchased domestically, provide the "Unified Invoice for Motor Vehicle Sales" (invoice copy and tax payment copy) or valid certificate (one copy of the first invoice copy and the original third copy); (2) For vehicles imported for personal use, provide the "Customs Duty Special Payment Voucher", "Customs Consumption Tax Special Payment Voucher", or the Customs "Tax Exemption or Reduction Certificate". 3. Original and one copy of the vehicle qualification proof: (1) For domestically produced vehicles, provide the whole vehicle factory qualification certificate; (2) For imported vehicles, provide the "People's Republic of China Customs Goods Import Certificate" or "People's Republic of China Customs Supervised Vehicle Entry (Exit) License (Cancellation) Notice" or "Confiscated Smuggled Vehicles and Motorcycles Certificate". 4. For used imported vehicles, vehicles damaged due to force majeure, vehicles in stock for more than 3 years, test vehicles driven over 80,000 kilometers, and other vehicles specified by the State Administration of Taxation, if the taxpayer can provide valid proof, the tax basis is the price indicated on the unified invoice or valid certificate provided.

[LaAmy]

I previously helped a friend calculate the import vehicle purchase tax, and there's actually a fixed formula: Taxable price = CIF price + tariff + consumption tax, then multiplied by 10% to get the purchase tax amount. For example, a car with a CIF price of 500,000 yuan, a 15% tariff of 75,000 yuan, and assuming the engine displacement is above 3.0 liters requiring an additional 25% consumption tax, the total of these three parts adds up to approximately 750,000 yuan, resulting in a purchase tax of 75,000 yuan. Recently, I noticed that the purchase tax policy for electric vehicles is particularly favorable. Pure electric vehicles with a range exceeding 200 kilometers are exempt from tax until the end of 2025. Friends who want to buy a Tesla are rushing to place their orders before the end of the year.