What is the Vehicle Purchase Tax Payment Standard?

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The vehicle purchase tax payment standard is 10% of the vehicle's price excluding tax. Below is relevant information about the vehicle purchase tax: 1. Definition: Vehicle purchase tax is a tax levied on entities and individuals purchasing specified vehicles within the country, evolving from the vehicle purchase surcharge. 2. Characteristics: It has a single collection scope and stage. As a property tax, the vehicle purchase tax targets specific purchased vehicles rather than all properties or consumer properties, making it a narrow-range special property tax. The vehicle purchase tax is levied only once, not at every stage of production, operation, or consumption, but specifically when the vehicle exits circulation and enters the consumption field.