Ministry of Finance: continue to implement the preferential policy on vehicle purchase tax effective from July 1, 2019-Shanghai Metals Market

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Ministry of Finance: continue to implement the preferential policy on vehicle purchase tax effective from July 1, 2019

Translation 10:01:26PM Jun 28, 2019 Source:Ministry of Finance
The content below was translated by Tencent automatically for reference.

SMM News: on June 28, the Ministry of Finance issued a notice on the continued implementation of the preferential policy on vehicle purchase tax, in which, from January 1, 2018 to December 31, 2020, the purchase of new energy vehicles will be exempted from vehicle purchase tax. From July 1, 2018 to June 30, 2021, the purchase tax on the purchase of trailers was halved. Effective as of July 1, 2019.

The original text is as follows:

Notice on the continued implementation of preferential policies for vehicle purchase tax

Announcement No. 75 of 2019 by the General Administration of Taxation of the Ministry of Finance

In order to implement the vehicle purchase tax Law of the people's Republic of China, the preferential policies for vehicle purchase tax that will continue to be implemented are as follows:

one. Returned students studying abroad use cash to buy a domestic car for personal use and a car for long-term settlement in China to be exempted from vehicle purchase tax. The flood control department and the forest fire control department shall be used to direct, inspect, dispatch, report flood (police) and contact designated vehicles with fixed devices produced by designated manufacturers to be exempted from vehicle purchase tax. The specific operation shall be carried out in accordance with the relevant provisions of the Circular of the State Administration of Taxation of the Ministry of Finance on exemption from vehicle purchase tax for Flood Control and other vehicles (Finance and Taxation (2001) No. 39).

two. From January 1, 2018 to December 31, 2020, the purchase of new energy vehicles is exempted from vehicle purchase tax. The specific operation shall be carried out in accordance with the relevant provisions of the notice of the Ministry of Science and Technology of the Ministry of Industry and Information Technology of the Ministry of Taxation of the Ministry of Finance on exemption from the purchase tax of New Energy vehicles (notice No. 172 of 2017 of the Ministry of Industry and Information Technology of the Ministry of Taxation of the Ministry of Finance).

three. From July 1, 2018 to June 30, 2021, the purchase tax on the purchase of trailers was halved. The specific operation shall be carried out in accordance with the relevant provisions of the notice of the Ministry of Industry and Information of the Ministry of Taxation of the Ministry of Finance on the reduction of vehicle purchase tax on trailers (notice No. 69 of 2018 of the Ministry of Industry and Information of the Ministry of Taxation of the Ministry of Finance).

four. Mobile medical vehicles under the "Mother Health Express" project of the China Women's Development Foundation are exempt from vehicle purchase tax.

five. The Beijing 2022 Winter Olympic and Paralympic Games Organizing Committee is exempt from vehicle purchase tax on new vehicles purchased by the Beijing 2022 Winter Olympic and Paralympic Games Organizing Committee.

six. Vehicles issued with local motor vehicle license plates after the restructuring of the former public security active service units and the former armed police gold, forest, hydropower and hydropower units (with the exception of vehicles carrying out fire fighting and rescue tasks by the public security fire control and armed police forest forces) shall be exempted from vehicle purchase tax at one time.

This announcement shall enter into force as of July 1, 2019.

General Administration of Taxation of the Ministry of Finance

June 28, 2019

"Click to enter the registration page

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business

 

Key Words:  Vehicle purchase tax  car 

Ministry of Finance: continue to implement the preferential policy on vehicle purchase tax effective from July 1, 2019

Translation 10:01:26PM Jun 28, 2019 Source:Ministry of Finance
The content below was translated by Tencent automatically for reference.

SMM News: on June 28, the Ministry of Finance issued a notice on the continued implementation of the preferential policy on vehicle purchase tax, in which, from January 1, 2018 to December 31, 2020, the purchase of new energy vehicles will be exempted from vehicle purchase tax. From July 1, 2018 to June 30, 2021, the purchase tax on the purchase of trailers was halved. Effective as of July 1, 2019.

The original text is as follows:

Notice on the continued implementation of preferential policies for vehicle purchase tax

Announcement No. 75 of 2019 by the General Administration of Taxation of the Ministry of Finance

In order to implement the vehicle purchase tax Law of the people's Republic of China, the preferential policies for vehicle purchase tax that will continue to be implemented are as follows:

one. Returned students studying abroad use cash to buy a domestic car for personal use and a car for long-term settlement in China to be exempted from vehicle purchase tax. The flood control department and the forest fire control department shall be used to direct, inspect, dispatch, report flood (police) and contact designated vehicles with fixed devices produced by designated manufacturers to be exempted from vehicle purchase tax. The specific operation shall be carried out in accordance with the relevant provisions of the Circular of the State Administration of Taxation of the Ministry of Finance on exemption from vehicle purchase tax for Flood Control and other vehicles (Finance and Taxation (2001) No. 39).

two. From January 1, 2018 to December 31, 2020, the purchase of new energy vehicles is exempted from vehicle purchase tax. The specific operation shall be carried out in accordance with the relevant provisions of the notice of the Ministry of Science and Technology of the Ministry of Industry and Information Technology of the Ministry of Taxation of the Ministry of Finance on exemption from the purchase tax of New Energy vehicles (notice No. 172 of 2017 of the Ministry of Industry and Information Technology of the Ministry of Taxation of the Ministry of Finance).

three. From July 1, 2018 to June 30, 2021, the purchase tax on the purchase of trailers was halved. The specific operation shall be carried out in accordance with the relevant provisions of the notice of the Ministry of Industry and Information of the Ministry of Taxation of the Ministry of Finance on the reduction of vehicle purchase tax on trailers (notice No. 69 of 2018 of the Ministry of Industry and Information of the Ministry of Taxation of the Ministry of Finance).

four. Mobile medical vehicles under the "Mother Health Express" project of the China Women's Development Foundation are exempt from vehicle purchase tax.

five. The Beijing 2022 Winter Olympic and Paralympic Games Organizing Committee is exempt from vehicle purchase tax on new vehicles purchased by the Beijing 2022 Winter Olympic and Paralympic Games Organizing Committee.

six. Vehicles issued with local motor vehicle license plates after the restructuring of the former public security active service units and the former armed police gold, forest, hydropower and hydropower units (with the exception of vehicles carrying out fire fighting and rescue tasks by the public security fire control and armed police forest forces) shall be exempted from vehicle purchase tax at one time.

This announcement shall enter into force as of July 1, 2019.

General Administration of Taxation of the Ministry of Finance

June 28, 2019

"Click to enter the registration page

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business

 

Key Words:  Vehicle purchase tax  car