What taxes need to be paid for a new car?

[DiPaul]

New cars are subject to purchase tax, vehicle and vessel tax, and value-added tax. For imported vehicles, customs duties are also required. The purchase tax must be paid before registering the new car, and a purchase tax payment certificate will be issued, which the owner should keep safely. The purchase tax is only paid once before the vehicle's first registration, meaning used cars do not require this tax. The vehicle and vessel tax applies only to vehicles and ships and is a mandatory fee when purchasing insurance for a new car, paid annually as a form of property tax. Additionally, new cars must have compulsory traffic insurance, officially known as the Compulsory Traffic Accident Liability Insurance for Motor Vehicles, which provides timely and basic coverage for personal injuries and property losses caused by vehicle accidents.