Excise
tax is only imposed on certain special items being imported
into Macao, such as tobacco, spirits and vehicles. There are two methods of charging the excise tax, namely,
on quantity basis and on value basis. The former basis is
to determine the tax based on the weight or volume of the
goods, while the latter basis is according to the price of
the goods being imported. Regarding the tax levied on imported
vehicles, in accordance with the new regulations introduced
by the government in 1996, vehicles are currently taxed at
a rate ranging from 10% to 55% on their selling prices. Excise
tax chargeable to tobacco and spirits is imposed at various
rates on different items. For
example, spirits are taxed MOP20 per
litre, processed tobacco are taxed variously from MOP0.20 per unit to MOP280 per kg. |
