What documents are required for paying taxes on a new personal vehicle?
1 Answers
To pay taxes on a new personal vehicle, you need to bring your ID card, the original vehicle purchase tax payment application form, the original and a copy of the motor vehicle certificate, a copy of the first page of the unified motor vehicle sales invoice, and a copy of the fourth page of the unified motor vehicle sales invoice. Below is a detailed introduction to the fees involved when purchasing a vehicle: 1. Vehicle purchase tax: According to national regulations, any vehicle driven on the road must pay a vehicle purchase tax, currently set at 10% of the vehicle's ex-factory price. The more expensive the vehicle purchased, the higher the purchase tax required. 2. Insurance fees: Vehicle insurance includes compulsory traffic insurance and commercial insurance. Compulsory traffic insurance is mandatory, with premiums set at a nationally unified rate, though the number of seats in the vehicle can affect the cost. Commercial insurance can be purchased based on personal preference, with prices varying depending on the type of coverage chosen. 3. Vehicle and vessel tax: The vehicle and vessel tax is determined based on the vehicle's displacement. Generally, the larger the engine displacement, the higher the vehicle and vessel tax required.