Is There Additional Tax for Purchasing a Second Car?
1 Answers
Individuals do not need to pay extra taxes when purchasing a second car. Below are relevant details about car purchases: 1. Relevant Regulations: According to Article 4 of the "Vehicle Purchase Tax Law of the People's Republic of China": The vehicle purchase tax rate is 10%; Article 5: The taxable amount of vehicle purchase tax is calculated by multiplying the taxable vehicle's taxable price by the tax rate. 2. Notes: If you decide to buy, first list all the cost details, and specify the brands of items included in so-called gift packages. Additionally, always go to the warehouse to pick up the car together. Nowadays, cars are usually delivered with zero kilometers. After checking the exterior, inspect the tires. The odometer can be adjusted with a computer, but tires cannot be faked.