When Did the Vehicle Purchase Tax Get Halved?

[DeJoy]

From October 1, 2015, to December 31, 2016, a preferential policy was implemented to halve the vehicle purchase tax for passenger vehicles with a displacement of 1.6 liters or below. Below is the relevant information: 1. Calculation Method: When the vehicle purchase tax was halved in 2016, the tax payable was calculated as 100,000 yuan ÷ (1 + 17%) × 5% = 4,274.50 yuan (the 100,000 yuan includes 17% VAT, and the vehicle purchase tax is calculated based on the price excluding VAT). In 2017, when the tax was reduced to 7.5% according to the "Notice," the tax payable was 100,000 yuan ÷ (1 + 17%) × 7.5% = 6,410.26 yuan. 2. Relevant Laws: In the "Notice," the Ministry of Finance clearly stipulated that the purchase date of passenger vehicles is determined based on the issuance date of valid documents such as the "Unified Invoice for Motor Vehicle Sales" or the "Special Customs Duty Payment Certificate." The vehicle purchase tax policy for new energy vehicles follows the "Announcement on Exempting New Energy Vehicles from Vehicle Purchase Tax" (Announcement No. 53 of 2014 by the Ministry of Finance, State Taxation Administration, and Ministry of Industry and Information Technology).