How to calculate the new car purchase tax

The calculation formula of vehicle purchase tax payable is: tax payable = taxable value × tax rate (if it is lower than the lowest taxable value promulgated by State Taxation Administration of The People's Republic of China, People's Republic of China (PRC), it shall be calculated according to the lowest taxable value stipulated by State Taxation Administration of The People's Republic of China, People's Republic of China (PRC)). Self-use car tax rate calculation: extra expenses × 10% extra expenses excluding value-added tax; Tax rate calculation of imported cars: taxable value = customs duty-paid price, customs duty consumption tax, taxable value ×10%; The purchase tax is 10% of the car price (excluding tax). The formula is: new car purchase tax = car purchase price (including tax)/1, 17 * 10%.

The vehicle purchase tax rate in Article 4 of People's Republic of China (PRC) Vehicle Purchase Tax Law is 10%.

Article 3 of People's Republic of China (PRC) Vehicle Purchase Tax Law stipulates that vehicle purchase tax shall be levied once. The purchase of vehicles that have been subject to vehicle purchase tax is not subject to vehicle purchase tax.

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The above answer is only for the current information combined with my understanding of the law, please refer carefully!

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