Is the Purchase Tax Calculated Based on the Naked Car Price?
2 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.
