What is the Tax Standard for Motorcycles?
2 Answers
The tax standard for motorcycles is as follows: motorcycles with an engine displacement exceeding 150cc are subject to a 10% tax rate, while motorcycles with an engine displacement not exceeding 150cc and electric motorcycles are exempt from vehicle purchase tax. Below is a detailed introduction regarding motorcycle taxation. Tax calculation based on taxable price: The taxable price serves as the basis for tax calculation when purchasing a vehicle. The taxable price includes the total price paid by the owner to the dealer and any additional fees, excluding value-added tax (VAT). Generally, the invoice for vehicles sold in the market includes the VAT-inclusive price, so 17% VAT must be deducted when calculating the purchase tax. Tax payment location and procedures: Taxpayers must declare and pay the tax at the local competent tax authority within 60 days from the date of purchase. Required documents include the owner's identity proof, vehicle price proof, and vehicle qualification proof.
Just bought a new motorcycle recently and found the taxation standards quite nuanced. First, there's a purchase tax when buying a motorcycle, typically 10% of the vehicle's ex-factory price. For example, a 10,000 yuan bike would incur 1,000 yuan in tax. This tax applies to both new purchases and used vehicle transfers - you can't get licensed without paying it. Additionally, there's an annual vehicle and vessel usage tax based on engine displacement: under 50cc models are cheaper (around 100 yuan), while 250cc+ models cost significantly more (several hundred yuan). I recommend checking local policies at the DMV or tax authority website before purchase, as some areas offer tax reductions or even exemptions for new energy motorcycles. Don't underestimate these taxes - missing payments can seriously affect vehicle transfers or annual inspections. Overall, the taxes aren't exorbitant, but beginners often overlook the annual usage tax. Getting this right saves both money and hassle.
