According to Article 4 of People's Republic of China (PRC) Vehicle Purchase Tax Law, the tax rate of vehicle purchase tax is 10%.
Article 6 The taxable value of taxable vehicles shall be determined in accordance with the following provisions:
(1) The taxable value of taxable vehicles purchased by taxpayers for their own use is the total price actually paid by taxpayers to sellers excluding value-added tax;
(2) In taxable value, where taxpayers import taxable vehicles for their own use, customs duty and consumption tax shall be added to the customs value;
(3) The taxable value of taxable vehicles produced by taxpayers for their own use shall be determined according to the sales price of similar taxable vehicles produced by taxpayers, excluding value-added tax;
(4) If a taxpayer obtains a taxable vehicle for his own use through donation, award-winning or other means, the taxable value shall be determined according to the price specified in the relevant vouchers when purchasing the taxable vehicle, excluding value-added tax.
Extended data:
Article 12 of "People's Republic of China (PRC) Vehicle Purchase Tax Law" has the obligation to pay taxes on the day when taxpayers purchase taxable vehicles. Taxpayers shall declare and pay vehicle purchase tax within 60 days from the date of tax payment obligation.
Thirteenth taxpayers should pay the vehicle purchase tax before handling the vehicle registration with the traffic management department of the public security organ. The traffic administrative department of the public security organ shall, when handling the vehicle registration, check the vehicle information that the taxpayer applies for registration according to the electronic information of tax payment or exemption of taxable vehicles provided by the tax authorities, and handle the vehicle registration according to law after the verification is correct.
People's Republic of China (PRC) State Taxation Bureau-People's Republic of China (PRC) Vehicle Purchase Tax Law