Are the benefits of new energy vehicles coming?State Administration of Taxation: Further implement preferential policies

2023.08.10 298
On April 6, the State Council Information Office held a press conference on "To better play the role of tax revenue and better serve the high-quality economic and social development".Luo Tianshu, chief accountant of the State Administration of Taxation, said that in the next step, the tax department will play a good role in taxation.It mentions the further implementation of preferential tax policies to support the development of emerging industries such as new-generation information technology and new energy vehicles.With the reduction of new energy vehicle subsidies and the new energy vehicle purchase tax reduction policy will expire at the end of 2023,The new energy vehicle market is changing from policy-driven to market-driven, which also means that new energy vehicle companies will break away from the protection of previous preferential policies and accept greater challenges.Since the beginning of this year, affected by the decline in subsidies, the growth rate of new energy vehicles has slowed down significantly.For this reason, the industry is also increasingly calling for the country to launch preferential policies for new energy vehicles.Miao Wei, deputy director of the Economic Committee of the National Committee of the Chinese People's Political Consultative Conference, once called for the continuation of the current new energy vehicle purchase tax reduction policy to further increase the penetration rate of new energy vehicles.Wang Chuanfu, chairman and president of BYD, also said that he hopes to extend the new energy vehicle purchase tax reduction policy until 2025.Stefan Mecha, CEO of Volkswagen Passenger Car Brand China, suggested extending the purchase tax exemption period for new energy vehicles beyond 2023 and formulating a relatively stable policy framework.It is worth mentioning that the new energy vehicle purchase tax reduction has been postponed several times, and we do not know whether it will continue to be postponed in the future.However, from the release of the above news, it can be predicted that preferential policies related to new energy vehicles may be introduced in the near future.Recently, Xin Guobin, a member of the party group and deputy minister of the Ministry of Industry and Information Technology, revealed that the Ministry of Industry and Information Technology will actively expand consumption and organize pilot projects for the comprehensive electrification of public vehicles,early study and clarification of new energy vehicle purchase tax reductions and other preferential policies to support the expansion of new energy vehicle consumption.

Source: Gasgoo Author: Ma ZhenqiAddress of this article: //