What is the displacement threshold for motorcycle purchase tax?

[GiannaFitz]

Motorcycles with an engine displacement exceeding 150cc are required to pay a purchase tax equivalent to 10% of the motorcycle's price. Definition of purchase tax: Purchase tax is a levy imposed by tax authorities on specified goods and properties within the taxation framework, such as vehicle purchase tax. Vehicle purchase tax is a tax levied on entities and individuals purchasing designated vehicles within China's territory, which evolved from the vehicle purchase surcharge. Used vehicles are tax-exempt: Vehicles only need to pay purchase tax once, typically when purchased as new. In other words, used vehicles don't require purchase tax payment. However, if purchase tax wasn't paid during the initial new vehicle purchase, the new owner must settle the outstanding tax when acquiring the used vehicle.