National Tax Administration: Q1 Exemption from the acquisition tax of new energy vehicles in 2023, 2124 million yuan renminbi plus 36 per cent
HolmesNovia
May 26
The latest data from the National Tax Administration show that, during the first quarter of the year, a total of 1257 new energy vehicles nationwide benefited from a tax-free-purchase policy for vehicles, which was 17.5 per cent higher than that of new energy vehicles; the exemption from the acquisition tax of new energy vehicles was $21,224 million, an increase of 36 per cent. According to official data, between 100,000 and 200,000 yuan (including) vehicles accounted for 48.5 per cent of new...

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