Legal Analysis Late payment fees will be incurred starting from the day the vehicle and vessel tax is overdue. Late payment fee = annual tax payable × (5/10000) × number of overdue days. Vehicle and vessel taxes are collected by local tax authorities. The place where vehicle and vessel tax is paid shall be determined by the people's governments of provinces, autonomous regions and municipalities directly under the Central Government based on local actual conditions. For vehicles and vessels used across provinces, autonomous regions, and municipalities directly under the Central Government, the tax payment location shall be the registration place of the vehicle and vessel. The tax obligation for vehicle and vessel tax occurs in the month of the date recorded on the vehicle and vessel registration certificate or driving certificate issued by the vehicle and vessel administration department. Vehicle and vessel tax is declared and paid annually. The specific deadline for filing tax returns shall be determined by the people's governments of provinces, autonomous regions, and municipalities directly under the Central Government. If the owner or manager of a vehicle or vessel fails to pay the vehicle and vessel tax, the user shall pay the vehicle and vessel tax on his behalf. Insurance institutions engaged in compulsory motor vehicle traffic accident liability insurance business are the withholding agents of motor vehicle and vessel taxes and shall collect and remit vehicle and vessel taxes in accordance with the law. The standards for collection and remittance fees paid by tax authorities to withholding agents shall be formulated by the finance department and the tax administration department of the State Council. When the withholding agent of motor vehicle and vessel tax collects and pays vehicle and vessel tax in accordance with the law, the taxpayer shall not refuse. Legal Analysis Article 1 of the "Vehicle and Vessel Tax Law of the People's Republic of China" belongs to the owners of vehicles and vessels (hereinafter referred to as vehicles and vessels) specified in the "Vehicle and Vessel Tax Items and Amounts" attached to this law within the territory of the People's Republic of China or the manager, who is a taxpayer of vehicle and vessel tax, shall pay vehicle and vessel tax in accordance with this Law.

Regulation validity verification: June 17, 2024