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      Newsletter :November_3


    Automobile Purchase Tax Increases Substantially
    From : Author : Time2010-02-27
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    Nanning automobile purchase tax management branch had received 6146 vehicles tax declarations by January 31, which is 1335 more than the same period of last year, increasing by 28%, with 79 million yuan of automobile purchase tax, increasing 29.62 million yuan by 59% compared with the same period of last year.


    The analysis of the tax collection index indicated that along with the improvement of economic situation as well as peoples preference to more comfortable and top quality passenger cars instead of vehicles used just in place of walking,
    people in Nanning tend to buy top quality or luxury cars, which are the prime causes of the growth of automobile purchase tax, and that peoples purchasing power was not influenced by the increase of automobile purchase tax charged on vehicles with engines of 1.6 liters or less from 5% last year to 7.5% this year.

    Automobile Purchase Tax Increases Substantially
    2010-02-27

     

    Automobile Purchase Tax Increases Substantially

     

    Nanning automobile purchase tax management branch had received 6146 vehicles tax declarations by January 31, which is 1335 more than the same period of last year, increasing by 28%, with 79 million yuan of automobile purchase tax, increasing 29.62 million yuan by 59% compared with the same period of last year.


    The analysis of the tax collection index indicated that along with the improvement of economic situation as well as peoples preference to more comfortable and top quality passenger cars instead of vehicles used just in place of walking,
    people in Nanning tend to buy top quality or luxury cars, which are the prime causes of the growth of automobile purchase tax, and that peoples purchasing power was not influenced by the increase of automobile purchase tax charged on vehicles with engines of 1.6 liters or less from 5% last year to 7.5% this year


     
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