What is the National Automobile Tax Standard?
2 Answers
The minimum levy amount varies for each vehicle model and configuration. The minimum levy amount is reported by the manufacturer to the State Taxation Administration, which then formulates it with reference to similar vehicle models. Introduction to Vehicle Purchase Tax: Automobile purchase tax refers to the tax payable when purchasing a car. The purchase tax amount is 10% of the vehicle's selling price (excluding tax). The taxpayers of vehicle purchase tax are units and individuals purchasing taxable vehicles, with a tax rate of 10%. In addition to cars, motorcycles, electric vehicles, trailers, and agricultural transport vehicles are also subject to vehicle purchase tax. Functions of Vehicle Purchase Tax: By levying vehicle purchase tax, the state participates in the redistribution of national income, better converting a portion of consumption funds into fiscal funds to raise more capital for the state, meeting the needs of state functions. A socialist market economy requires a sound macroeconomic regulation system to ensure rapid, coordinated development and healthy operation. The principle of fairness involves protecting legal income, banning illegal income, rectifying unreasonable income, and regulating excessive income. It also aids in combating smuggling and safeguarding national interests.
When it comes to national automobile tax standards, I think it's quite important, especially for us car owners. There are mainly two types of taxes: the vehicle purchase tax when buying a car and the annual vehicle and vessel tax. The purchase tax is basically 10% of the car's price. For example, if you buy a car worth 200,000 yuan, you'll have to pay 20,000 yuan in taxes. The vehicle and vessel tax depends on the engine displacement—smaller displacement cars are cheaper. My 1.6L car costs about 700 yuan per year, while a 3.0L large-displacement car can exceed 2,000 yuan. Currently, new energy vehicles are exempt from the purchase tax, which is a favorable policy that helps many people save a lot of money. I recommend calculating these costs clearly before buying a car, otherwise, it could be awkward if the budget is exceeded. The payment methods are also convenient; most places allow you to handle it via mobile apps, eliminating the need to visit the tax office. Overall, these taxes are the government's way of encouraging environmental protection and controlling large-displacement vehicles, so don’t just focus on the low car price and make an impulsive decision.
