What is the tax standard for cars?
1 Answers
The tax standard for cars requires payment of a vehicle purchase tax at 10% of the transaction price. Below is relevant information about the vehicle purchase tax: 1. Introduction to the purchase tax: The vehicle purchase tax is a tax levied on units and individuals who purchase specified vehicles within the country, evolving from the vehicle purchase surcharge. 2. Tax payment location: For taxable vehicles that require registration, the tax should be declared and paid to the competent national tax authority at the vehicle registration location; for taxable vehicles that do not require registration, the tax should be declared and paid to the competent national tax authority at the taxpayer's location.