Confirming comments made by National Development and Reform Commission (NDRC) sources in early December 2010, that the government of China would cancel the preferential purchase tax for vehicles with engines smaller than 1.6 litres on 1 January 2011, China's Ministry of Finance has now announced this will be the case. Following Subscribe to Automotive World … Continued
Confirming comments made by National Development and Reform Commission (NDRC) sources in early December 2010, that the government of China would cancel the preferential purchase tax for vehicles with engines smaller than 1.6 litres on 1 January 2011, China's Ministry of Finance has now announced this will be the case.
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https://www.automotiveworld.com/articles/85269-china-sales-tax-for-small-vehicles-to-rise-1-january/
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