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BMW Brilliance bears 25% purchasing tax for 8 models

Aurora From Gasgoo| January 04,2018

BMW Brilliance auto news, China purchasing tax subsidy, China auto news

Shanghai (Gasgoo)- According to BMW Brilliance Automotive Ltd. (BMW Brilliance), it bears 25% purchasing tax of  8 models with 1.5T engine under 3 UKL-based front-wheel drive series, including 3 models of 1 Series Sedan, 3 models of 2 Series Tourer and 2 models of New X1.

From January 1, 2018, the national purchasing tax preferential policy was halted which requires consumers to pay purchasing tax at a 10% rate. In this moment, BMW Brilliance offering this subsidy is probably a response to this policy change.

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