Car purchase tax discount to promote car consumption

Some passenger cars implemented from June 1 have been reduced by half of the tax purchase taxation policy. According to the latest data of the State Administration of Taxation, in the first month of the implementation of the New Deal, a total of 7.1 billion yuan of taxes for vehicles were reduced in the country, and 1.097 million vehicles were reduced. From the perspective of exhaust volume, 1.6 liters and below displacement passenger cars reduced taxes of 3.4 billion yuan, accounting for about 48%; 1.6 liters to 2.0 liters of passenger cars to reduce taxes of 3.7 billion yuan, accounting for the proportion About 52%.

Vehicle purchase tax is a kind of tax imposed on units and individuals who purchase taxable vehicles in my country. It is a tax levied at one time in the purchase process. The special fund is dedicated to the construction of national transportation infrastructure.

As an important pillar industry in the national economy, the automotive industry chain has a long chain, involving a wide range of employment, and a large consumption role. Stability and expanding automobile consumption are of great significance to stabilize the economy and employment. In late May, the Executive Meeting of the State Council further deployed a measure of stabilizing the economy and proposed a period of 60 billion yuan in taxes for some passenger vehicles. On May 31, the Ministry of Finance and the State Administration of Taxation issued an announcement that the purchase date was within June 1, 2022 to December 31, 2022, and the price of bicycles (excluding value -added tax) of no more than 300,000 yuan Disted passenger cars below, minimum taxes for taxation.

"This policy is to work together from both sides of the consumer side and supply side. On the consumption side, it can directly reduce the cost of consumer car purchase, effectively mobilize consumers' enthusiasm for car purchase, help release the potential of car consumption and expand domestic demand. The end will help alleviate the impact of the epidemic on the automotive industry, accelerate the process of re -production and production of automobile companies, and promote the overall recovery and sustainable development of the industry. "Li Ping, deputy director of the Institute of Tax Research of the State Administration of Taxation.

Liu Yunmao, deputy director of the State Administration of Taxation, said that the preferential policies for the purchase tax purchase have three characteristics: First, the scope of benefiting the scope of "expand" and can enjoy the displacement of passenger vehicles that can enjoy the reduction policy from 1.6 liters from 1.6 liters Raise to 2.0 liters; the second is that the policy is "more time -responding", and it is clear that the eligible passenger cars purchased from June 1, 2022 to December 31, 2022 can enjoy the reduction policy, which is conducive to fast fast Effectively pulling the car consumption; the third is the "more accurate" of policy regulation, and proposed a limited condition of not more than 300,000 yuan in bicycle prices (excluding value -added tax), in order to give full play to the role of accurate tax policy regulation and benefit Volkswagen consumption.

Experts believe that, in the context of the increase in downward pressure on my country's economy, a period of section of the taxation purchase tax purchase was issued, and the "warmth" of fully supporting the recovery of the automotive industry.

It is reported that in order to make this policy better and faster, under the unified deployment of the State Administration of Taxation, the local tax departments quickly completed the development, testing, and upgrading of the information system for the management information system, and comprehensively carried out policy propaganda interpretation. After the policies are officially implemented, the tax departments of various places actively follow up the implementation to ensure that the system is running smoothly and the policy is implemented smoothly.

With the support of a series of policies, the passenger car industry is "driving" a period of predicament before. According to data from the China Automobile Circulation Association's Automobile Market Research Branch, from June 1st to 26th, the passenger car market retail 1.422 million units, an increase of 27%year -on -year, and an increase of 37%over the same period last month.

"In the next step, the tax department will continue to pay attention to the implementation of the policy, ensure that the tax reduction dividends are implemented, and support the development of the consumption and automobile industry." Liu Yunmao said.

It is worth noting that the special funds of car purchase taxes are dedicated to the construction of national transportation infrastructure. Statistics show that as of the end of 2021, the total mileage of my country's highway was 5.2807 million kilometers, of which the highway opening mileage ranked first in the world with 169,100 kilometers. my country is moving towards a large transportation country from a large transportation country. Among them, it is important to play the important role of driving taxes.

Li Ping introduced that the use of car purchase tax services serves national strategic arrangements and tilted to the central and western regions. For major national strategies such as poverty alleviation, rural rejuvenation, and coordinated regional development, it will promote the coordinated development and production factors between regions and urban and rural areas. Free flow also has a positive effect.

According to the data of the Ministry of Transport, during the "Thirteenth Five -Year Plan" period, my country ’s cumulative investment tax funds invested in poor areas exceeded 950 billion yuan, accounting for 68%of the entire car purchase tax. The implementation of the strategy of fighting poverty and attacking and rural revitalization.

Recently, the Ministry of Finance and the Ministry of Transport issued a notice to be further clarified, and the “expenditure of public infrastructure construction of coastal ports” was added to the scope of local capital expenditure for vehicle purchase tax income subsidies. Among them: For public infrastructure in important port areas, the eastern and western regions are subsidized at 50%and 60%of the cost of engineering; for other public infrastructure of other port areas, the eastern regions and western areas are based on 30%and 40%of the project costs respectively. Subsidies.

The taxation of the car purchase tax serves the construction of transportation infrastructure, which is conducive to improving traffic conditions, conducive to the production and life of the people, and play a positive role in my country's transportation development. In recent years, preferential policies for car purchase tax have been introduced in recent years have produced an important role in promoting consumption and boosting the market. "Taxation has also played the function of raising construction funds and regulating economic operation, which shows that the role of taxation is further enhanced." Li Ping said.

Source: China Economic Network

Edit: Fan Zhirui Gaorui

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