Is the Purchase Tax the Same for the First and Second Car?
1 Answers
First car and second car purchase tax are the same. Here are the specific details about automobile taxes: 1. Automobile taxes include: purchase tax, vehicle and vessel usage tax, comprehensive tax paid when purchasing imported vehicles, etc. 2. Calculation rule: Vehicle purchase tax payable = taxable price × 10%. 3. Vehicle and vessel tax: Collected annually per vehicle. Divided into 7 tiers based on vehicle displacement. 4. Vehicle purchase tax: A tax levied on individuals and units purchasing specified vehicles within China. It evolved from the vehicle purchase surcharge.