Tax break for 1.6L PVs to continue in 2017 at 7.5 percent

by Lei Xing   2017-01-16

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BEIJING – China will levy purchase tax on 1.6L and below passenger vehicles at the rate of 7.5 percent in 2017, according to a statement posted by the Ministry of Finance on its website on December 15, just as CBU/CAR predicted over a month ago.
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