For the first time, my country has halved the vehicle purchase tax on passenger cars with a displacement of 2.0 liters and below.

Summary

[For the first time in my country, the vehicle purchase tax is halved for passenger vehicles with a displacement of 2.0 liters and below]The Ministry of Finance and the State Administration of Taxation issued an announcement on the 31st that in order to promote automobile consumption and support the development of the automobile industry, the purchase date will be in June 2022. During the period from 1st to December 31st, 2022, the vehicle purchase tax will be halved for passenger cars with a displacement of 2.0 liters and below whose bicycle price (excluding VAT) does not exceed 300,000 yuan. (Xinhuanet)

The Ministry of Finance and the State Administration of Taxation issued on the 31stannouncementIt is stated that in order to promote automobile consumption and support the development of the automobile industry, 2.0 liters and below whose purchase date is between June 1, 2022 and December 31, 2022 and whose bicycle price (excluding VAT) does not exceed 300,000 yuan For passenger cars, the vehicle purchase tax will be halved.

The executive meeting of the State Council held a few days ago made it clear that the purchase tax of some passenger cars will be reduced by 60 billion yuan in stages. Experts said that the announcement issued by the two departments further clarified this deployment. Although there is a price limit of no more than 300,000 yuan, this is the first time that my country has halved the vehicle purchase tax on passenger cars with a displacement of 2.0 liters and below, which is expected to further boost car consumption.

According to the announcement, the term “passenger car” refers to a car whose design, manufacturing and technical characteristics are mainly used to carry passengers and their carry-on luggage and/or temporary items, including a driver’s seat with a maximum of 9 seats; The bicycle price mentioned is based on the taxable price of the vehicle taxable vehicle purchase tax. The date of purchase of a passenger vehicle shall be determined according to the date of issuance of valid certificates such as the uniform invoice for motor vehicle sales or the special payment letter for customs duties.

(Article Source:Xinhuanet）