Is the Purchase Tax Calculated Based on the Naked Car Price?
4 Answers
Whether the purchase tax is calculated based on the naked car price depends on the situation. 1. When the naked car price is lower than the minimum tax price in the national tax system, it is submitted according to the minimum tax price. 2. When the naked car price is higher than the minimum tax price in the national tax system, it is submitted according to the naked car price. Here is some extended information: 1. The calculation method for vehicle purchase tax is based on the "minimum tax price". 2. The legal basis is Article 9, Paragraph 5 of the "Vehicle Purchase Tax Collection and Management Measures": For vehicles for which the State Taxation Administration has not determined a minimum tax price, the tax price is the price indicated in the valid price proof provided by the taxpayer. If the price indicated in the valid price proof is significantly low, the competent tax authority has the right to determine the tax price of the taxable vehicle.
I specifically researched the purchase tax when helping my cousin buy a car. Simply put, it is indeed calculated based on the ex-factory price, but not by directly multiplying the tax rate. The actual calculation involves dividing the ex-factory price by 11.3 to get the tax-exclusive price, then multiplying by 10% to get the purchase tax. For example, a car with an ex-factory price of 200,000 yuan, after dividing by 11.3, is about 177,000 yuan, so the purchase tax would be 17,700 yuan. It's crucial to note that the invoice amount must match the car purchase contract, as the tax system directly reads the invoice data. Additionally, each car model has a minimum taxable price. Even if your invoice price is lower than this standard, you still have to pay tax based on the minimum standard, which many people easily overlook. Finally, it's recommended to keep the tax payment certificate, as it will be needed during the transfer process.
Last month I just paid the purchase tax for my new car. The system is very smart now - simply scan the QR code on the vehicle purchase invoice to calculate the tax. The basic logic is to deduct 13% VAT from the ex-factory price, making the effective tax rate about 8.8% of the ex-factory price. For example, a 150,000 yuan ex-factory price would incur approximately 13,200 yuan in purchase tax. Note that electronic tax payment certificates are now standard - remember to bind it in the 12123 traffic management app. A practical tip: during price negotiations, you can request a lower invoice amount to reduce tax, but don't go too low as each model has a minimum taxable price limit. When taking delivery, always verify that the invoice amount matches the contract.
The purchase tax is indeed calculated based on the ex-factory price. Here's how it works: Divide the ex-factory price by 1.13 to exclude VAT, then multiply the VAT-exclusive price by 10%. For example, with a 300,000 yuan ex-factory price, dividing by 1.13 gives approximately 265,000 yuan, making the tax 26,500 yuan. Key point: Note the tax exemption policy for new energy vehicles - I saved this amount last year when buying a pure electric car. It's advisable to check local policies before purchase as some regions offer additional subsidies. Tax payment must be made within 60 days after invoice issuance, with late fees for overdue payments. Card payment is recommended over cash for convenience.
