What is the vehicle purchase tax for a 3.0L displacement car?
1 Answers
The vehicle purchase tax for cars with a displacement above 3.0L is calculated by multiplying the taxable price of the vehicle by the tax rate (10%). In the People's Republic of China, entities and individuals who purchase cars, trams, car trailers, or motorcycles with a displacement exceeding 150 milliliters (hereinafter collectively referred to as taxable vehicles) are taxpayers of the vehicle purchase tax and shall pay the vehicle purchase tax in accordance with the provisions of this law. The purchase tax is a tax levied by tax authorities on the purchase of related goods and properties within the scope of the purchase tax system, such as the vehicle purchase tax. The vehicle purchase tax is a type of tax levied on entities and individuals who purchase specified vehicles within China, evolving from the vehicle purchase surcharge. Calculation basis: Generally, the vehicle purchase tax is based on the purchase price displayed in valid documents such as the "Unified Invoice for Motor Vehicle Sales" or the "Special Customs Duty Payment Certificate," and the taxable price for the vehicle purchase tax should be calculated after deducting the value-added tax. The general calculation formula is: Vehicle Purchase Tax = Purchase Price (117%) × Purchase Tax Rate. Audi A6L purchase tax: Thirty-nine thousand nine hundred and eighty.
