Which Vehicles Are Exempt from Purchase Tax in 2021?

[StSawyer]

In 2021, new energy vehicles are exempt from purchase tax, including pure electric vehicles, plug-in hybrid (including range-extended) vehicles, and fuel cell vehicles. Fuel-powered vehicles do not enjoy any purchase tax reduction policies: From October 1, 2015, to December 31, 2017, a policy was implemented to halve the purchase tax for passenger vehicles with a displacement of 1.6 liters or below. After January 1, 2018, the purchase tax was restored to the statutory rate of 10%. Vehicle Purchase Tax: Vehicle purchase tax refers to the tax levied when purchasing a vehicle. The tax amount is 10% of the vehicle's selling price (excluding tax). The taxpayers of vehicle purchase tax are units and individuals who acquire taxable vehicles (including through purchase, import, self-production, gift, award, or other means) for personal use. The tax rate is 10%. In addition to cars, motorcycles, electric vehicles, trailers, and agricultural transport vehicles are also subject to vehicle purchase tax.