The vehicle purchase tax exemption policy for energy vehicles will continue to be implemented until the end of next year

2022-09-27

The reporter learned from the Ministry of Finance on the 26th that, in order to support the development of the new energy vehicle industry, the Ministry of Finance, the State Administration of Taxation and the Ministry of Industry and Information Technology jointly released an announcement a few days ago, specifying that the vehicle purchase tax exemption policy for new energy vehicles due at the end of this year will continue to be implemented until the end of next year. The announcement made it clear that new energy vehicles purchased from January 1, 2023 to December 31, 2023 will be exempted from vehicle purchase tax. The purchase date shall be determined according to the issuing date of the unified invoice for motor vehicle sales or the special payment letter for customs duties and other valid vouchers. Since the implementation of the policy of exempting new energy vehicles from vehicle purchase tax, the consumption potential of new energy vehicles has been effectively stimulated. Data released by the State Administration of Taxation previously showed that from January to July this year, new energy vehicles were exempted from vehicle purchase tax of 40.68 billion yuan, a year-on-year increase of 108.5%, including 7.17 billion yuan exempted from vehicle purchase tax in July, a year-on-year increase of 119.1%. (Liu Xinshe)

Edit:Yi Bing    Responsible editor:Wei Li Bin

Source:XinhuaNet

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