New energy vehicle exemption tax continues until the end of next year from the end of next year to July this year, 40.68 billion yuan in vehicle purchase tax

According to a reporter from Xinhua News Agency on the 26th, 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 issued an announcement to clearly exempt new energy vehicles expired at the end of this year. The vehicle purchase tax policy continues to the end of next year.

The announcement clearly states that the purchase date from January 1, 2023 to December 31, 2023 is exempt from vehicle purchase tax. The purchase date is determined in accordance with the date of issuance of valid vouchers such as a unified invoice or customs tariff payment for motor vehicle sales.

Since the implementation of new energy vehicle exemption vehicle purchase tax policies, it has effectively stimulated the potential of new energy vehicle consumption. The State Administration of Taxation's previous data showed that from January to July this year, new energy vehicles were exempted from vehicle purchase tax of 40.68 billion yuan, an increase of 108.5%year -on -year, of which 7.17 billion yuan of tax purchase tax was 7.17 billion yuan in July.

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