vehicle purchase tax is a tax on the purchase of our territory specified vehicle units and individuals levied by the vehicle purchase surcharge it evolved. Basic norms of the existing vehicle purchase tax law, is from January 1, 2001 implementation of the “People’s Republic of China vehicle purchase tax regulations.” Vehicle purchase tax taxpayers for the purchase (including purchase, import, production, gift, award or otherwise acquire and own use) taxable vehicle units and individuals, the tax ranges from cars, motorcycles, trams, trailers, agricultural transporter, the rate is 10 percentage, calculated as the tax payable: payable = assessable price × rate.
1. noun car purchase tax interpretation
vehicle purchase tax is a tax on the purchase of provisions in our country vehicle units and individuals levied by the vehicle purchase surcharge it evolved . Basic norms of the existing vehicle purchase tax law, is from January 1, 2001 implementation of the “People’s Republic of China vehicle purchase tax regulations.” Vehicle purchase tax taxpayers for the purchase (including purchase, import, production, gift, award or otherwise acquire and own use) taxable vehicle units and individuals, the tax baseVehicles, motorcycles, trains, trailers, farm vehicles, the rate percentage is 10, calculated as the tax payable: payable = assessable price × rate.
the player’s car is calculated rate: assessable price = (later taxable vehicle seller paid to the full price of additional fees and charges +) × 10 percentage, wherein the price excluding VAT tax.
import cars tax rate: assessable price = (+ paid price tariff excise duties +) × 10 percentage. Should
2. The vehicle purchase tax management methods
taxpayers to file tax returns truthfully fill out the “vehicle purchase tax return Form” (see Annex 1 , hereinafter referred to as tax returns), while providing the original and a copy of the following information. And a copy of “motor vehicle sales uniform invoice” (hereinafter referred to as Uniform Invoice) filing joint retained by the tax authorities, other originals by the competent tax authorities refund to the taxpayer.
First, the owner identification
● Mainland residents, provided the Mainland’s “identity card” (including residence, temporary residence certificate) or “residents booklet” or military personnel (including police) identification;
● Hong Kong, Macao and Taiwan residents, provide immigration identification and proof of residence;
● foreigners, provide proof of identity and proof of residence entry;
[123 ] ● organization, provide “organization code certificate.”
Second, the price of the vehicle proved
● the territory of the purchase of vehicles, to provide a unified developmentTicket (invoice and tax-linking), or a valid certificate;
● import vehicles for personal use, provided “for payment of customs duties,” “special consumption tax levied by the customs payment book” Customs or “Exemption Certificate” .
Third, the vehicle certification
● domestic vehicles, providing vehicle factory certification (hereinafter referred to as certificate);
● imported vehicles, provide a “People’s Republic of China Customs certificate of imported goods “or” China Customs control vehicles into (a) Receiving (Canceling) license notice “or” confiscation of smuggled cars, motorcycles certificate. ”
Fourth, the other materials required by the tax authorities of
3. The vehicle purchase tax calculation
vehicle purchase tax payable = taxable value × 10 percentage (1.6 liters and below passenger car emissions reduced rate of 7.5 percent). Taxable value under different circumstances, determined in accordance with the following conditions:
● taxpayers purchase taxable value of taxable personal use of the vehicle for the purchase of taxable vehicles taxpayer to pay full price and additional fees and charges to sellers , excluding Value Added tax. That issue as you get on the “motor vehicle sales uniform invoice” price fee divided by the total amount of (1 + 17 percent) as the tax basis, multiplied by 10 percent (1.6 liters and below passenger car purchase tax rate 7.5 calculated as a percentage) is the vehicle purchase payable.
For example, consumers buy a 10 million China-made cars (1.6 liters), after removing the value-added tax by 10 percentage portion of the tax. The formula 100000÷ 1.17 × 0.1 = 8547 dollars.
December 28, 2010 afternoon, the Ministry of Finance and the State Administration of Taxation jointly notice, since January 1, 2011, will be 1.6 liters and below passenger car unified tax rate of 10 percent vehicle purchase tax, after the acquisition rate is 7.5 percentage
● taxpayers tax price of taxable vehicles imported for personal use of the vehicle is calculated as follows:
assessable price = Customs dutiable value + Customs duty + consumption tax
● the taxpayer’s own, gift, award or made personal use of the vehicle and in other ways, the tax basis approved by the State Administration of Taxation of car purchase do refer taxable minimum tax price approved vehicle.
or to purchase their own vehicles imported for personal use, taxpayer’s taxable value lower than the same vehicle type taxable minimum tax price, without proper justification, the tax basis for the State Administration of Taxation approved the minimum taxable vehicle count tax price.
minimum tax price refers to the State Administration of Taxation vehicle based on vehicle manufacturers to provide price information and market average transaction price reference vehicle purchase tax approved tax price.
to declare the tax price is lower than the minimum tax taxable price of the same type of vehicle, without proper justification, it refers to the taxpayer’s taxable value of the vehicle is lower than the ex-factory or imported for personal use of the vehicle meter tax price.
● special circumstances as determined by the tax basis for the import of used cars, due to force majeure cause damage to the vehicle, the vehicle inventory of more than three years, traveling more than 80,000 kilometers of the test vehicle, the provisions of the State Administration of Taxation other vehicles, the tax authorities to determine the taxable value based on the taxpayer to provide the “motor vehicle sales uniform invoice” or a valid certificate stated price.
