Notice of State Taxation Administration of The People's Republic of China, Ministry of Finance on the Policy of Applying Low VAT Rate and Simple Method to Collect VAT for Some Goods (No.9 [2009] of Caishui) II. Continue to implement the following preferential policies for collecting value-added tax by simple method, and the input tax shall not be deducted: (2) Taxpayers selling second-hand goods shall collect value-added tax by half according to simple method, and the tax rate shall be 4%.

Second-hand goods refer to goods with partial use value (including second-hand cars, second-hand motorcycles and second-hand yachts) that enter the secondary circulation, but do not include articles for personal use.

Notice of the Ministry of Finance of State Taxation Administration of The People's Republic of China on the Policy of Degenerate VAT Collection Rate (Caishui [2065438+04] No.57) 1. Items (1) and (2) of Article 2 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 the Application of Low VAT Rate and Simple Method to Collect VAT for Some Goods (Caishui [2009] No.9) shall be subject to a simple method of halving the VAT, with a tax rate of 4%.