At present,this tax is only applied to the enterprises with foreign investment,foreign enterprises and foreigners.

The tax amount per unit is different for vehicles and vessels:

*Vehicles-RMB15-80 per passenger vehicle per quarter;RMB4-15 per net tonnage per quarter for cargo vehicles;RMB5-20 per motorcycle per quarter;RMB0.3-8 per non-motorised vehicle per quarter

*tax amount per unit for vessels-RMB0.3-1.1 per net tonnage per quarter for motorised vessels;RMB0.15-0.35 per non-motorised vessel.

The formula is:

Tax payable=Quantity(or net-tonnage)of taxable vehicles X applicable tax amount per unit

Tax payable=Net-tonnage(or deadweight tonnage)of taxable vessels X applicable tax amount per unit

Tax exemption may be given on diplomatic vehicles and vessels.Accordingly,we encourage more diplomats to take up  yachting in China.