Vehicle purchase tax concessions will expire at the end of next year or will be cancelled.
will expire by the end of the year. Therefore, the future trend of the preferential purchase tax policy has undoubtedly become the most concern in the recent car market. Most auto industry analysts say that vehicle purchase tax concessions are likely to be abolished.
the government has finally decided to extend these policies to the end of 2010 after a combination of various factors, which were originally planned to be terminated at the end of 2009 or in the middle of 2010. As the end of the year draws near, most industry insiders predict that the vehicle purchase tax will be cancelled or reduced.
Cui Dongshu, Deputy Secretary General of the China National Association, said that, from the background of the introduction of the preferential purchase tax policy, the policy was made in order to stimulate and stimulate domestic automobile consumption in the big economic environment of the global financial crisis. In turn, the gradual increase of rigid demand and potential of automobile consumption has contributed to the substantial increase in vehicle sales this year. In fact, from the trend of the purchase tax preferential policy, last year the preferential 5%, this year preferential 2.5%, next year will cancel the purchase tax preferential policy should be in reason.
at the same time, rumors that the purchase tax for large displacement vehicles may double has also recently emerged. China will restrict greenhouse gas emissions in the transport sector with more stringent tax policies.
He Jianzhong, director of the policy and regulation department of the Ministry of transport, said 25, the goal and limitation of traffic energy conservation and emission reduction will be included in the "12th Five-Year plan". According to the relevant personage, recently, the state will introduce policies to impose higher purchase tax on large displacement vehicles, and the amount of tax may be doubled.
according to the China Auto Industry Association, 17 million cars will be sold in China this year, up 25% from last year, reaching the highest level in American history. Faced with these data, many media and industry believe that the preferential policies for vehicle purchase tax should be abolished as soon as possible.