What is the Purchase Tax Standard for Vehicle Displacement?
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Introduction to the purchase tax standards for vehicle displacement is as follows: 1. Vehicles with 1.0L to 2.0L displacement: For vehicles with displacement below 1.0L (including 1.0L), a 1% purchase tax is levied. For vehicles with displacement between 1.0L and 1.5L (including 1.5L), a 3% purchase tax is levied. For vehicles with displacement between 1.5L and 2.0L (including 2.0L), a 5% purchase tax is levied. 2. Vehicles with 2.0L to 4.0L displacement: For vehicles with displacement between 2.0L and 2.5L (including 2.5L), a 9% purchase tax is levied. For vehicles with displacement between 2.5L and 3.0L (including 3.0L), a 12% purchase tax is levied. For vehicles with displacement between 3.0L and 4.0L (including 4.0L), a 25% purchase tax is levied. 3. Vehicles with displacement above 4.0L: For vehicles with displacement exceeding 4.0L, a 40% purchase tax is levied.