1. Tax-free car purchase policy for international students:
1992 10, seven ministries and commissions (General Administration of Customs, State Planning Commission, the State Council Economic and Trade Office, Ministry of Finance, Ministry of Communications, State Taxation Administration of The People's Republic of China and China Automobile Industry Group Corporation) jointly issued the Notice on Relevant Issues Concerning Overseas Students Buying Domestic Cars for Their Own Use in Cash when Returning to China, stipulating that overseas students who have completed their studies in regular universities (colleges) abroad and studied for more than one year can enjoy their tax exemption quota and Since then, domestic joint venture automobile manufacturers have responded to the call of the state and started to carry out tax-free preferential car purchase business for returned overseas students.
Who can enjoy the tax-free car purchase policy for international students? According to the national foreign students' tax-free car purchase policy, all returned students who have studied in regular universities (colleges) and research institutions abroad or engaged in scientific research and academic exchanges can enjoy the tax-free car purchase policy, including the same policy of studying in China, Hong Kong and Macao and returning to the mainland.
However, the national tax exemption policy for international students is time-limited. The policy requires that the period of studying abroad should be at least one year, that you should return to China to settle down within two years after completing your studies or further study, that your first entry time after graduation or further study should not exceed one year, that you should stay abroad continuously for 180 days (each tax-free item to be declared takes up one tax-free indicator), and that your stay in China should not exceed one month (counted as 30 days).
What tax exemptions can international students enjoy under the tax exemption policy? Overseas students who meet the requirements of national policies can enjoy tariff reduction and exemption for imported parts of domestic automobiles. The tax exemption is slightly different according to the proportion of imported automobile parts purchased, and the price of duty-free models announced by manufacturers is reduced or exempted. In addition, international students can also enjoy exemption from vehicle purchase tax, which is about 10% of the vehicle guide price.
2. Do not enjoy market preference after tax exemption.
At present, most car companies can directly provide self-help car purchase service for international students in official website.
Foreign students buy cars directly through manufacturers, consumers pay directly to manufacturers, and manufacturers mail invoices to car owners. Finally, the manufacturer sends the car to the store, and the owner can take the invoice to the 4S store to pick up the car.
The policy stipulates that foreign students' duty-free cars do not enter the market circulation field and must be invoiced directly by the original factory. Duty-free cars are directly priced by the original factory. Generally speaking, the duty-free price will have an advantage over the market price. At the same time, duty-free cars also enjoy vehicle purchase tax (purchase tax = vehicle taxable value × 10%), which is much more favorable than ordinary people in the market. However, the preferential treatment of retail vehicles in the market (which belongs to the profit-making measures of dealers) has nothing to do with duty-free vehicles and cannot be enjoyed at the same time.