If you buy a vehicle in the name of a company in Shanghai, the vehicle is regarded as the property of the company and can be taxed according to law. The VAT invoice when buying a car can deduct the company tax. When a company buys a car, it can use the VAT invoice to deduct the input, and the tax rate of the special ticket is 13%, which means that the car with 1 10,000 can reach10.3 million.
In addition, the vehicles purchased by the company can be used as the company's fixed assets, and the depreciation can be deducted by 25%, and the enterprise income tax can be deducted by 250,000 for 6,543,800+vehicles. If the company is profitable, it can also calculate the depreciation expenses according to the annual depreciation: vehicle inspection fee, refueling fee, maintenance fee and vehicle strength insurance, which can be deducted from the enterprise income tax.