China Automobile Circulation Association proposes to reduce value-added tax on used cars for a period of three years-Shanghai Metals Market

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China Automobile Circulation Association proposes to reduce value-added tax on used cars for a period of three years

Translation 03:59:02PM Jun 18, 2019 Source:Sina Finance and Economics
The content below was translated by Tencent automatically for reference.

SMM News: the China Automobile Circulation Association recently submitted to the Ministry of Finance the "proposal letter on adjusting the value-added tax policy on used car transactions," suggesting that the second-hand car value-added tax policy should be adjusted, or the tax exemption policy for a 3-year period should be given to used car dealers.

Key Words:  Used cars  exemption  VAT 

China Automobile Circulation Association proposes to reduce value-added tax on used cars for a period of three years

Translation 03:59:02PM Jun 18, 2019 Source:Sina Finance and Economics
The content below was translated by Tencent automatically for reference.

SMM News: the China Automobile Circulation Association recently submitted to the Ministry of Finance the "proposal letter on adjusting the value-added tax policy on used car transactions," suggesting that the second-hand car value-added tax policy should be adjusted, or the tax exemption policy for a 3-year period should be given to used car dealers.

Key Words:  Used cars  exemption  VAT