Is Purchase Tax Required for Motorcycle Transfer?

[AngeloDella]

Motorcycle transfer does not require a purchase tax certificate. It requires the registration certificate (green book), vehicle license, original owner's ID proof, new owner's ID proof, and used vehicle transaction invoice. Introduction to Purchase Tax: Purchase tax is a tax levied by tax authorities on the acquisition of specified properties and assets within the scope of the purchase tax system, such as vehicle purchase tax. Vehicle purchase tax is a tax imposed on entities and individuals who purchase specified vehicles within the country, evolving from the vehicle purchase surcharge. Purchase Tax Calculation Method: Vehicle purchase tax payable = taxable price × 10% (7.5% for passenger vehicles with 1.6L or smaller displacement).