What is the purchase tax for Audi?
1 Answers
Audi's vehicle purchase tax rate is 10% of the vehicle price. Introduction to purchase tax: Purchase tax is a tax levied by tax authorities on the acquisition of specified properties and assets within the scope of the purchase tax system, such as vehicle purchase tax. Vehicle purchase tax is a tax imposed on entities and individuals who purchase designated vehicles within China, evolving from the vehicle purchase surcharge. Calculation for private vehicle tax rate: The taxable price equals (the total payment made to the seller for purchasing the taxable vehicle plus additional fees) multiplied by 10%, where the taxable price excludes VAT.