subject: A Portfolio Of Energy Saving Auto Consumption Tax Be Adjusted Or Hard Chang Effectiveness [print this page] According to expert estimates, large displacement car consumption tax increase, from 3.0 to 4.0 liters, the import cost of passenger cars will increase by 13% of passenger cars over 4.0 liters of import costs will increase 33%
"Tai Yang suppressing small"?? Latest auto consumption tax rate to adjust the intention is clear, but the real impact of the automobile consumption, yet still want to make a question mark.
Ministry of Finance and State Administration of Taxation announced yesterday, decided to September 1, 2008 adjusted the car consumption tax, a substantial increase in large displacement 3.0-liter passenger cars more than the consumption tax rate, while reducing the small-displacement 1.0 liters and below passenger cars Consumption tax rate (the specific program see table).
This is the country since April 1, 2006 to adjust the second time since the auto consumption tax rate, is aimed at curbing large engine cars, the production and consumption, to encourage production and consumption of small cars.
According to statistics of China Association of Automobile Manufacturers, in the first half, displacement of 1.0 liters significant decline in sales, only sales of 129,100, a decline of 3.86%; while stark contrast to the first half of SUV's sales rose 42.01 percent.
Automobile market reaction or not obvious
Rate adjustment will impact on car sales? Many professionals believe that this effect may not be obvious.
Price Monitoring Center NDRC Price Department XD elements that consumption tax adjustment, the large displacement car market price adjustments should not be too obvious. "Before the announcement of policy, there are rumors on the market once there, many large displacement car prices have been adjusted, you can say the impact has been largely priced in the market." He said, "and the more moderate adjustment , the average price of the market will not be obvious. "
As another part of the consumption tax adjustment model?? Displacement of 1.0 liters of small cars, its market price would be more difficult to change. "Now the price of small cars have been very cheap, and the consumption tax will not be prompted to adjust the price down." Xiao-Dong Cheng said.
Toyota Motor (China) Investment Co., Ltd. related to personnel told, "First Financial Daily", Toyota is on a new policy on specific measures, as to whether the policy implementation of the large displacement car sales impact, he believes that "now is hard to say. "
According to Xinhua, China's auto import trade center's experts predict that a large displacement car consumption tax increase, from 3.0 to 4.0 liters of imported passenger cars will increase by 13% the cost of about 4.0 liters or more passenger cars will increase import costs 33%. These increased costs will inevitably be passed on to consumers, this will curb some of the people's consumption will help to change the current structure of imported cars.
But there are also views that the large displacement of private passenger cars consumers, mainly rich people, these people are not particularly sensitive to price. Therefore, raising the consumption tax in the end large displacement vehicles can play a role in how much remains to be seen.
Beijing, a large displacement car dealer also told reporters that the market is now large displacement car sales are still very good. "If a 500,000 yuan car, because the consumption tax adjustment of prices ranging from several thousand to several million, for the really want to buy a large displacement cars consumers, the rising part and will not affect their purchase."
A portfolio of energy saving needs
Many experts in an interview that the tax rate adjustment for the actual effect of energy saving is limited, mainly to play a guiding role.
Vice president of the Central University of Finance and Taxation, said the reporter Liu Huan, the adjustment can play some role, but can not solve the energy problem.
He said that the automobile consumption tax is a one-time burden, bus consumption tax can be reimbursed, while private car consumption is often not just a means of transport, or the identity and status symbol, "the shortcomings of auto consumption tax is not on the consumer behavior continuing to exert influence, for a one-time spending the extra tax that many consumers received a wound. "
Liu Huan, suggested that the adjustment should continue to take follow-up policy, including raising the high-end cars in the road maintenance fees, introduction of fuel tax, as well as the development of "small but excellent" small cars and concept to guide consumer spending. Apart from economic instruments, you can also take some administrative measures, such as spending limits for the bus.
Bai Jingming, deputy director of the Ministry of Finance Research Institute believes that this policy changes demonstrate the Government's regulatory function on the use of tax policies, more of a guide, as the fuel tax reform, due to various factors involved in the short term, introduced more difficult.
Academy of Social Sciences Institute of Industrial Economics researcher Zhao Ying told this reporter that the consumption tax adjustment, "restraining Big Young Little" can have some effect, "but its role can not be overestimated." He said, "consumption tax adjustment is mainly to guide role, but the consumption tax, after all, a one-time purchase behavior, the actual results to real, but also reflected the use of cost, such as the implementation of fuel tax. "
A Portfolio Of Energy Saving Auto Consumption Tax Be Adjusted Or Hard Chang Effectiveness
