Vehicle Purchase Tax in Nanning Exceeds 1.1 Billion in First 3 Quarters

Date:2016-10-14

As is shown by latest statistics released by Nanning Municipal Office of State Administration of Taxation, 97076 vehicles have paid the Vehicle Purchase Tax in the first three quarters, with a year-on-year rise of 8.13%. And the Vehicle Purchase Tax has reached 1.109 billion, offering a tax break of ¥242 million to taxpayers.

 

Among all those vehicles which have paid the Vehicle Purchase Tax in the first three quarters, small engine vehicles whose emissions are below 1.6 liters reach 52496, accounting for 54 percent of those that should pay the Vehicle Purchase Tax. The tax break of ¥242 million for citizens occupies 21.82 percent of the total tax liability.

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