What is the percentage of vehicle purchase tax for cars?

[JulietteMarie]

Vehicle purchase tax is levied at 10% of the vehicle price. Below are the specific details about vehicle purchase tax: 1. Calculation method: Vehicle purchase tax is calculated based on the ad valorem rate method. The formula is: Tax payable = Taxable price × Tax rate. If a consumer purchases a domestic private vehicle, the taxable price is the total payment made to the dealer, including additional fees, but excluding the VAT (tax rate of 17%). Since the purchase price in the special sales invoice for motor vehicles already includes VAT, the 17% VAT must first be deducted when calculating the vehicle purchase tax, i.e., Taxable price for vehicle purchase tax = Invoice price ÷ 1.17, and then the vehicle purchase tax is calculated at a 10% rate. 2. Documents required for tax declaration: When filing a tax declaration, taxpayers should truthfully fill out the 'Vehicle Purchase Tax Declaration Form' and provide the following original documents and copies. The copies and the 'Unified Motor Vehicle Sales Invoice' tax filing copy will be retained by the tax authorities, while other original documents will be returned to the taxpayer after review by the tax authorities.