What is the Calculation Method for Vehicle Purchase Tax?

[DeclanLynn]

2021 Vehicle Purchase Tax Calculation Formula: The taxable amount of vehicle purchase tax = taxable vehicle's taxable price x tax rate. The tax rate and related regulations for purchase tax are as follows: Purchase tax rate: According to the new purchase tax regulations, the vehicle purchase tax rate is 10%. Related regulations for purchase tax: The taxable price for taxpayers purchasing self-use taxable vehicles is the total price actually paid by the taxpayer to the seller, excluding VAT; the taxable price for taxpayers importing self-use taxable vehicles is the customs duty-paid price plus customs duty and consumption tax; the taxable price for taxpayers producing self-use taxable vehicles is determined based on the selling price of similar taxable vehicles produced by the taxpayer, excluding VAT.