Vehicle and Vessel Tax Displacement Standards?
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Vehicle and Vessel Tax divides the vehicle displacement into 7 brackets for taxation, which include: 1.0L and below, above 1.0L to 1.6L (including 1.6L), above 1.6L to 2.0L (including 2.0L), above 2.0L to 2.5L (including 2.5L), above 2.5L to 3.0L (including 3.0L), above 3.0L to 4.0L (including 4.0L), and above 4.0L. Here are the specific details about Vehicle and Vessel Tax: 1. Definition: Vehicle and Vessel Tax refers to a tax that the owners or managers of vehicles and vessels within the territory of the People's Republic of China are required to pay according to the Vehicle and Vessel Tax Law of the People's Republic of China. 2. Reduction and Exemption Standards: For energy-saving vehicles, the Vehicle and Vessel Tax is halved; for new energy vehicles and vessels, the Vehicle and Vessel Tax is exempted.