Is the Wildlander Hybrid Exempt from Purchase Tax?
1 Answers
Wildlander Hybrid is exempt from purchase tax, and plug-in hybrid models are exempt from license plate auction and purchase tax. New energy vehicle purchase subsidies: Purchasing new energy vehicles can qualify for financial subsidies from both the national and local governments. From January 1, 2021, to December 31, 2022, the purchase tax on new energy vehicles is exempt. Purchase tax: Vehicle purchase tax is a tax levied on units and individuals purchasing designated vehicles within the country. It is determined by the ex-factory price of the vehicle (excluding VAT). The more expensive the vehicle, the higher the purchase tax to be paid. Currently, the vehicle purchase tax rate is 10%.