je.st
news
Auto industry calls for delay in new carbon tax
2015-10-27 17:59:29| Auto Dealers - Topix.net
KEY PLAYERS in the automotive industry have urged the government to postpone restructuring excise taxes on cars and trucks based on their CO2 emissions. When a 2012 Cabinet resolution becomes effective on January 1, 2016, automobiles releasing more than 200 grams of CO2 per kilometre will be taxed at a rate of up to 40 per cent of a vehicle's price compared to only 17 per cent for those classified as eco-friendly models.
Tags: auto
industry
tax
calls
Category:Automotive