Is There a Purchase Tax for Hybrid Vehicles?

[DelElisa]

Hybrid vehicles are subject to purchase tax. Below are the specific details regarding the payment of vehicle purchase tax: 1. Regulations: According to Article 13 of the 'Purchase Tax Law' implemented on July 1, 2019, taxpayers must pay the vehicle purchase tax before registering the vehicle with the traffic management department of the public security authority. The traffic management department of the public security authority, when processing vehicle registration, shall verify the vehicle information submitted by the taxpayer against the tax-paid or tax-exempt electronic information provided by the tax authority. Upon successful verification, the vehicle registration will be processed in accordance with the law. 2. Deadline: According to Article 12 of the 'Purchase Tax Law', the tax liability for vehicle purchase tax arises on the day the taxpayer purchases the taxable vehicle. The taxpayer must declare and pay the vehicle purchase tax within sixty days from the date the tax liability arises.