What are the motorcycle vehicle and vessel tax reduction and exemption policies?
1 Answers
According to the latest policies issued by the Ministry of Finance, State Taxation Administration, and Ministry of Industry and Information Technology, the preferential policies for vehicle and vessel tax reduction and exemption are as follows: 1. Types of vehicles and vessels exempt from vehicle and vessel tax: fishing and aquaculture vessels; vehicles and vessels exclusively used by the military and armed police forces; police vehicles and vessels; other vehicles and vessels stipulated by law. 2. Types of vehicles and vessels eligible for tax reduction or exemption: new energy vehicles and vessels, with vehicle and vessel tax reduced by half; motorized vessels that pay tonnage tax according to regulations are exempt from vehicle and vessel tax for 5 years from the implementation date of the Vehicle and Vessel Tax Law; vehicles and vessels that operate within airports, ports, or railway stations without requiring registration with vehicle and vessel registration authorities are exempt from vehicle and vessel tax for 5 years from the implementation date of the Vehicle and Vessel Tax Law.