New VAT policy! How to solve the tax-related problems in second-hand car transactions?

Used car dealership is an industry with special fiscal and tax processing needs, and its financial and tax treatment is crucial for dealers. The following describes the assets, costs, sales revenue, etc. of used car dealers, and explains how to properly account for and process these financial data. At the same time, this article will also deeply discuss the tax treatment of second-hand car dealerships, including the provisions and reporting requirements of VAT, vehicle transfer tax, income tax, etc., to help dealers comply with relevant tax laws and regulations and reasonably reduce the tax burden.

Used car dealership VAT policy

Tax-related issues of second-hand car transactions

Fiscal and tax treatment of used cars sold by non-used car dealerships

Invoicing and tax returns for used car transactions