China Formulates &Nbsp For Vehicle And Vessel Tax; Levying Tax On Vehicles And Vessels According To The Volume Of Discharge.
The nineteenth session of the eleven NPC Standing Committee passed the vote on the afternoon of 25.
vehicle and vessel tax
Law.
According to the provisions of this law, the tax basis for passenger cars will be assessed according to the size of the exhaust volume.
Last year, when the draft tax law was submitted to the Standing Committee of the National People's Congress for the first time, it caused great controversy in the society because of the high tax amount. Some members of the Standing Committee also suggested that the excessive tax on vehicle and vessel tax would increase the burden on the masses.
The pass tax law, which has absorbed the opinions of members and the public, has reduced the tax rate. The final plan is: the passenger car volume below 1 liters is 60 yuan to 360 yuan, from 1 to 1.6 liters is 300 yuan to 540 yuan, 1.6 to more than 2 liters is 360 yuan to 660 yuan.
According to the new tax scheme, the nominal tax burden of the owners less than 2 or 87% of the passenger cars will not increase, and the income of the vehicle and vessel tax on the stock vehicles is basically the same as the original income.
The vehicle and vessel tax law stipulates that vehicle and vessel tax can be reduced or exempted from energy saving and use of new energy resources. Tax and tax exemption may be reduced or exempted from tax and tax difficulties caused by serious natural disasters and other special reasons.
The specific measures shall be formulated by the State Council and reported to the Standing Committee of the National People's Congress for the record.
The law also stipulates that the departments in charge of pportation, pportation, agriculture and fishery, such as the registration and management departments of vessels and vessels, the ship inspection organizations and the withholding agents of vehicle and vessel tax, shall assist the tax authorities in strengthening the collection and management of the vehicle and vessel tax on the provision of relevant information on vessels and vessels.
The vehicle and vessel tax law will come into effect on January 1, 2012.
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