How to Deduct Taxes When a Company Purchases a Used Car?
1 Answers
When the enterprise is a general taxpayer, the obtained vehicle can be used to deduct the input tax amount, and the purchase price of the used car can be included in the expenses to deduct the corporate income tax. If the enterprise is a small-scale taxpayer, the purchase price or depreciation of the vehicle can be included in the expenses and deducted from the income tax.