The Proposed Vehicle Tax Bill Will Increase The Maximum Tax Rate Of The Large Displacement Vehicle By 5 Times.

The seventeenth session of the Standing Committee of the eleven National People's Congress first considered People's Republic of China.

The vehicle and vessel tax (Draft) shows that the proposed vehicle tax on 9 or less passenger cars will be adjusted to 360-660 yuan from the current 360-660 yuan.

Among them, the small tax car with a height of 1.6 liters or less will decrease or remain unchanged, but the larger and larger displacement vehicles with a height of 2.5 litres are 360 to 660 yuan.

1 litres below car benefit

The vehicle tax (Draft) shows that the taxable amount of 1 liters (L) and below is 60-360 yuan, which means that some small displacement cars are

The industry believes that if you can reduce 300 yuan, 10 years is 3000 yuan, for buying thirty thousand or forty thousand yuan small displacement car owners, is a good news, may let some of the original 1.1-1.4L consumers choose to consider the choice of 1 litres of the car.

In addition, the tax rate of 1.0-1.6 rise remained basically unchanged at 360-660 yuan, while the increase in 1.6-2.0 rose by 300 yuan, while the increase in 2.0-2.5 rose to 600-960 yuan.

The tax on large displacement vehicles is lower than expected.

According to the draft, the amount of tax raised by 2.5-3.0 is 1620-2460 yuan, and the tax increase of 3.0-4.0 passenger cars is 2460-3600 yuan, which has been greatly improved.

The most important concern is the large displacement vehicle with a height of 4 litres. The "vehicle tax" (Draft) shows that it is expected to levy 3600 yuan -5400 yuan. Although the maximum amount of the vehicle is less than 7200 yuan or even tens of thousands of Yuan proposed in the solicitation manuscript issued to the enterprise, it will increase by three thousand or four thousand yuan over the original standard.

Even according to the current minimum standard, the original highest standard has increased by nearly 5.5 times.

58% car owners' tax has not been raised.

As 42% of the travel tax will go up, there are also many controversies.

Insiders pointed out that it should be collected according to the price of the vehicle, otherwise, the tax of large displacement cars with more than ten million yuan and millions of large displacement cars would be unreasonable.

Some people in the industry believe that since the promotion of energy conservation and emission reduction, it is more scientific to levy fuel consumption, because large displacement does not mean fuel consumption is great.

In this regard, the NPC stated in the draft note that the luxury cars and ordinary cars pay taxes on the same tax basis, which fails to fully reflect the property tax nature of the vehicle and ship tax and the proper regulatory functions.

As a property tax, the tax assessment should be the evaluation value of the vehicle and vessel theoretically.

In some countries, the engine exhaust volume that has a positive correlation between vehicle selection and vehicle value is used as a tax basis.

According to the Levy of discharge volume, the property tax nature of vehicle and ship tax can be basically reflected, and the policy of encouraging the use of low energy consumption and low emission small displacement cars can also be seen from the point of view of collection and management.

Accordingly, the draft will calculate the tax basis of the passenger car and adjust it to the rating according to the volume of discharge.

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The draft statement also states that the small displacement vehicles with a capacity of 1.6 liters or less will account for 58% of the current passenger car market. The tax rate of these cars will be reduced or unchanged.

In order to guide energy conservation and emission reduction, the "vehicle and vessel tax (Draft)" also specifically proposes that energy saving and new energy sources can be reduced or duty-free.

Expert: the tax burden of large displacement vehicles is still low.

Most car companies accept the Morning Post reporter's interview, saying that the large displacement cars are often hundreds of thousands of yuan or even millions of dollars. Buyers will not care about spending thousands of dollars in taxes, so the impact on car companies is not large.

And 1.6 liters to 2 liters increased by 300 yuan, 2.0-2.5 increase of 600-960 yuan will not cause too much impact on consumer demand for purchase.

A car company responsible person even thought that the large displacement vehicle consumption tax increased by 40%, and the consumers who bought large displacement cars increased tens of thousands to hundreds of thousands of yuan, but the consumption demand of large displacement cars was not inhibited. Instead, the sales volume of large displacement SUV rose sharply.

Rao, Secretary General of the National Information Conference on passenger cars, pointed out to the Morning Post reporter that the tax on cars and boats is no longer a one size fits all plan, and indeed reflects the encouragement of the state policy to small displacement energy saving vehicles. However, at present, there are 7 gradients or too few.

"The intensity of vehicle tax collection for large displacement vehicles can also be increased."

He said that Japan and other countries were divided into fifteen or six gradients, and the highest level of taxation was 21.4 times the lowest level.

Rao thinks that it is the low tax burden that has made the rapid development of luxury car brands in China.