What is the purchase tax rate for imported cars?
1 Answers
The purchase tax for imported cars is 10%. Additional information: The "Vehicle Purchase Tax Law of the People's Republic of China" stipulates: Article 1: Entities and individuals who purchase automobiles, rail cars, automobile trailers, and motorcycles with a displacement exceeding 150 milliliters (hereinafter collectively referred to as taxable vehicles) within the territory of the People's Republic of China are taxpayers of the vehicle purchase tax and shall pay the vehicle purchase tax in accordance with this law. Article 2: The term "purchase" as used in this law refers to the act of obtaining taxable vehicles for personal use through means such as purchase, import, self-production, gift, award, or other methods. Article 3: The vehicle purchase tax is levied in a one-time manner. No vehicle purchase tax shall be levied on vehicles for which the vehicle purchase tax has already been paid. Article 4: The vehicle purchase tax rate is ten percent.