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Japan's ruling party bids to replace car sales tax with new levy

2015-12-10 04:18:14| Auto Dealers - Topix.net

The country's ruling Liberal Democratic Party is proposing a new car levy to replace the auto acquisition tax from April 2017, the date set by Prime Minister Shinzo Abe's government to further increase the sales tax. The new plan will call for four grades of tax rates from zero to 3 percent for regular vehicles and will be based on their fuel efficiency.

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Category:Automotive

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