You have to pay the purchase tax when you buy a new car, but you are in a tight pocket. The reserve for buying a car is limited. You have to be clear about the expenses of buying a car. I heard that it is true to halve the purchase tax in the near future. Will the purchase tax in 2019 be reduced? If so, how much is the purchase tax for new cars in 2019?
Will the vehicle purchase tax be reduced in 2019
From July 1, 2019, the tax law of the people's Republic of China on vehicle purchase will be formally implemented, and the Interim Regulations on vehicle purchase tax, which has been implemented for many years, will be invalid. The core provision of the bill is: the tax rate of vehicle purchase tax is 10%, which will be formally implemented on July 1, 2019.
Generally speaking, the purchase tax on vehicles is 10% of the vehicle price, but there are some special vehicles that enjoy the treatment of reducing or exempting the purchase tax. However, after the formulation of the vehicle purchase tax law of the people's Republic of China, the vehicle purchase tax will no longer enjoy the preferential treatment of reducing or exempting. The tax rate of all taxable vehicles is set at 10%.
Car purchase tax paid 10% in a unified way
Therefore, if you are not a vehicle for the self use of foreign embassies, consulates and international organizations in China and their related personnel, the vehicles listed in the equipment ordering plan of the Chinese people's Liberation Army and the Chinese people's armed police force, the non transportation special operation vehicles with fixed devices, the national comprehensive fire rescue vehicles with special emergency number plates, and the urban public transport enterprises Purchase of public cars and electric vehicles, then it will be unified to pay 10% of the purchase tax.
At the same time, the question of whether the purchase tax will be reduced in 2019 is answered. The answer is not to reduce the purchase tax, but to pay 10% purchase tax in a unified way. Those who want to buy a car in the near future should pay attention. From July 1, 2019, all non tax reducing vehicles will have to pay 10% vehicle purchase tax.