What is the vehicle purchase tax rate?

[McOscar]

The vehicle purchase tax rate for passenger cars is 10%. According to the "Vehicle Purchase Tax Law of the People's Republic of China", the vehicle purchase tax rate is 10%. The amount of vehicle purchase tax payable is calculated by multiplying the taxable price of the vehicle by the tax rate. The taxable price of the vehicle is determined according to the following provisions: For taxpayers purchasing taxable vehicles for personal use, the taxable price is the total price actually paid by the taxpayer to the seller, excluding VAT. Additional information: For taxpayers importing taxable vehicles for personal use, the taxable price is the customs duty-paid price plus customs duty and consumption tax; For taxpayers producing taxable vehicles for personal use, the taxable price is determined based on the sales price of similar taxable vehicles produced by the taxpayer, excluding VAT; For taxpayers obtaining taxable vehicles for personal use through donation, award, or other means, the taxable price is determined based on the price stated in the relevant documents at the time of purchase, excluding VAT.