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China issues policy to reduce vehicle purchase tax
On May 31, 2022, for the purpose of promoting auto consumption and supporting the development of auto industry, China’s Ministry of Finance (MOF) issued a notice on reducing purchase tax for some passenger vehicles.
According to the notice, purchase tax for passenger cars with a displacement of 2.0 liters and below, ....
According to the notice, purchase tax for passenger cars with a displacement of 2.0 liters and below, ....
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