High-priced luxury car or luxury tax will be introduced

Public opinion is well aware that luxury tax is a category that corresponds to the luxury consumption category. The taxation of advanced and excessive luxury excessive consumption activities enjoyed by a few people is conducive to curbing excessive consumption. In recent days, news about luxury cars levying luxury goods consumption tax was heard. The reporter learned from insiders of a German luxury car brand that the news is basically true, but the actual implementation time is still unknown. “The Ministry of Finance, the State Administration of Taxation and other related issues Ministries are studying."

At present, there are two types of rumors of online tax rumors: over 1.7 million and over 1.8 million. More arguments say that "a luxury vehicle with a price of more than 1.7 million after deduction of value-added tax is tentatively subject to a 20% luxury consumption tax." A person of the China Association of Automobile Manufacturers, who did not want to be named, said that this policy, the Ministry of Finance, is in the process of being finalized, and it will eventually solicit public opinions. Earlier, the relevant person in charge of the Ministry of Finance also said in an interview that there is a scope for further refinement and adjustment of the consumption tax on passenger cars currently levied on a displacement basis. Reporters interviewed industry figures and car makers were informed that the imposition of a luxury consumption tax on high-priced luxury cars is a foregone conclusion. As for when to collect, the specific tax rate is still not clear.

Xiao Bian learned that at present, the total sales volume of luxury cars with a price over 1.7 million yuan in the country does not exceed 5,000 vehicles a year. However, the levy of luxury tax will not affect the scale of production and sales of the entire market, but it will affect the consumption psychology of the entire luxury car market. The change will affect the development of the luxury car market.