The transfer of company cars to individuals requires the payment of value-added tax, which is halved by 4%. There is a premise to levy the above-mentioned proportion of VAT, that is, the transferred vehicle belongs to the company purchased before 65438+February 3, 20081. Cars under the company's name are fixed assets. If a company car is transferred to an individual's name, it shall pay value-added tax according to law.

Legal basis: Article 4 of the Notice of the Ministry of Finance of State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) on Several Issues Concerning the Transformation and Reform of China's Value-added Tax. Since June 5438+1 October1day, 2009, taxpayers selling their used fixed assets (hereinafter referred to as used fixed assets) should collect value-added tax according to different situations:

(1) For the sale of self-use fixed assets purchased or self-made after June 65438+1 October12009, VAT shall be levied at the applicable tax rate;

(2) Taxpayers who were not included in the pilot project of expanding the scope of VAT deduction before June 5438+February 3 1 day, 2008, sold their purchased or self-made fixed assets before June 5438+February 3 1 day, 2008, and the VAT was levied at a reduced rate of 4%.

"Measures for the Administration of Vehicle Purchase Tax Collection" Article 6 If the tax exemption conditions for duty-free vehicles disappear due to transfer or change of use, the taxpayer shall re-declare and pay taxes to the competent tax authorities within 60 days from the date when the tax exemption conditions disappear.