Vehicles going to "hell" for new taxes _ news car.

 

The luxury car is priced at least 1.7 to 1.8 million yuan, equivalent 274346-290484 U.S. Dollar, will face duties of 20%.
According to some rumors in recent times, the Chinese government will increase the tax to apply to cars. Nanfang Daily newspaper said the unnamed leader of a German car manufacturer to confirm the rumors mentioned above.

However, leaders of anonymity can not provide information about when the new tax is applied. "The Ministry of Finance and Tax departments concerned and is currently in the process of researching a new policy," the leader said.
Himself a member of the Association of Chinese carmaker also revealed the same thing. According to him, the ministries and departments concerned government will soon take a new tax policy for the luxury car referendum.
In addition, the Chinese authorities also studied the impact of the new tax on sales of luxury cars. Rumors said that the luxury car is priced at least 1.7 to 1.8 million yuan, equivalent 274346-290484 U.S. Dollar, will face duties of 20%.
The last time the Chinese government to apply a new tax on luxury cars is May 3/2006. Prior to applying, Chinese consumers buy luxury enlisted to prevent price increases.
Currently, the luxury car company still listens information from official Chinese government before changing marketing plans. According to Mr. Sun Shiqing, an industry analyst, the new tax policy will affect the most luxury car brands such as Bentley or Rolls-Royce. Capable of Bentley and Rolls-Royce to reconsider the price policy to always include 20% new tax on car payments.

                   The premium brands like Bentley and Rolls-Royce will be affected much more.
Meanwhile, other analysts have named Zhang Zhiyong said the new tax policy will not cause market chaos. The reason is that the annual sales of cars worth over 1.7 million yuan in China is just below the 5000 level.
Of course, Mr. Zhang also acknowledged the new policy will affect the attitude of consumers towards luxury car market as well as growth in luxury car segment. "Sales volume and market cars in China was No. 1 in the world. Yet, unlike the prices of the other developed markets," Mr. Zhang said.
Zhang predicted, it took a few years, the Chinese market to catch up in other areas of the world in terms of car prices affordable