China will extend the deduction tax reduction and exemption of new energy vehicles to the deduction periodAt the end of 2027, the new energy vehicle industry that supports the slowdown in domestic sales.

According to the Shanghai Securities Journal, China Deputy Finance Minister Xu Hongcai introduced on Wednesday (June 21) at the regular hair dryer held at the Journalism Office of the State Council. In order to further consolidate and expand the advantages of the development advantage of the new energy vehicle industry,On June 2nd, the executive meeting of the State Council requested to continue and optimize the policy of buying tax reduction and exemption of new energy vehicle vehicle vehicles, and decided to extend the policy of new energy vehicle vehicle purchase tax reductions to the end of 2027.

Xu Hongcai introduced that the decrease of new energy passenger vehicles will be gradually declined in the annual annual annual, and the tax reduction limit will be set.According to preliminary estimates, the total amount of vehicle purchases from 2024 to 2027 will reach 520 billion yuan (RMB, the same below, about 97 billion yuan).

It is reported that as of the end of 2022, the cumulative tax exemption policy of new energy vehicle purchase tax reduction and exemptions exceeds 200 billion yuan, and the tax exemption in 2023 is expected to exceed 115 billion yuan.

The Ministry of Finance, the State Administration of Taxation and the Ministry of Industry and Information Technology also jointly issued an announcement on Wednesday on Wednesday, which clearly announced the purchase date from January 1, 2024 to December 31, 2025Energy vehicles are exempted from vehicle purchase tax. Among them, the tax exemption of each new energy passenger vehicle does not exceed 30,000 yuan; the purchase date from January 1, 2026 to December 31, 2027 will be levied by half of the new energy vehicles.Vehicle purchase tax, among which the tax reduction of each new energy passenger vehicle does not exceed 15,000 yuan.

New energy vehicles enjoying the vehicle purchase tax reduction policy refers to pure electric vehicles, plug -in hybrid (including extension) cars and fuel cell vehicles that meet the technical requirements of new energy vehicle product.The technical requirements of the new energy vehicle product are formulated by the Ministry of Industry and Information Technology and the General Administration of Taxation and the State Administration of Taxation in accordance with the technological progress, standard system development and model changes of new energy vehicles.