People who like to go out, if they can have a car of their own, it is the best. However, it's also very good for people who travel a lot to have their own car. If you are going to buy a car, you must have a look at the latest purchase tax regulations here.
How to calculate the purchase tax
According to the old "vehicle purchase tax law", the new regulation stipulates that five vehicles can be exempted from purchase tax
（1） Vehicles for self use of foreign embassies, consulates, offices of international organizations in China and their related personnel that should be exempted from tax according to law;
（2） Vehicles listed in the equipment ordering plan by the PLA and the Chinese people's armed police force;
（3） National comprehensive fire rescue vehicles with special emergency rescue license plates;
（4） Non transport special operation vehicle with fixed device;
（5） The bus and electric vehicles purchased by urban public transport enterprises.
Among them, the third and fifth categories are new ones.
How to calculate the car purchase tax? If the consumer buys a domestic private car, the tax price is the total price and extra price expenses paid to the dealer, excluding the value-added tax (the tax rate is 17%). Because the value-added tax is included in the purchase price of the special invoice for motor vehicle sales, 17% of the value-added tax must be removed when calculating the vehicle purchase tax, that is, the tax price of vehicle purchase tax = invoice price & divide; 1.17, and then the vehicle purchase tax is calculated at the rate of 10%.
For example, if consumers buy a domestic car of 100000 yuan, they will pay 10% tax after removing the value-added tax. The formula is 100000 & divide; 1.17 & times; 0.1 = 8547 yuan.
However, it will also be charged according to different vehicle displacement. For example, if the displacement is more than 1.6, the tax price of purchase tax = invoice price & divide; 1.17, and then the vehicle purchase tax is calculated at the rate of 10%; if the displacement is less than 1.6, the tax price of purchase tax = invoice price & divide; 1.17, and then the vehicle purchase tax is calculated at the rate of 7.5%.
The above is about the calculation method of automobile purchase tax in 2019. Those who have plans to buy a car should act quickly. What kind of car do you want to buy? How much is the budget, etc. with a car, you will have a powerful means of transportation. As long as you want to go out, you can go anywhere in the same city.