Tax


Five importers of hybrid cars have complained that they were not given tax incentives promised for energy-efficient vehicles, and said they are planning to take legal action against local customs departments.

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09 March 2010 AMMAN — Automobile dealers say the government’s recent decision to cancel part of the tax exemption on hybrid vehicles will deprive the treasury of revenues as they expect demand on green cars to drop significantly.

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Hybrid-car buyers have just a couple more days to take advantage of a state tax credit for their vehicles. Oregon’s tax credit for new gasoline-electric hybrid vehicles ends Thursday, Dec. 31. The tax covers hybrids like the Toyota Prius, Honda Civic and Ford Escape. However, the next …

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VietNamNet Bridge – The Vietnam Registration Administration (VRA) has still not established the tax rate on hybrid cars and thus HCM City importers hesitate to put the cars on the market.

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RECENTLY FILED Senate Bill No. 3397 proposed that those making, importing or selling hybrid cars and parts be exempted from import duties, as well as from excise, value added and ad valorem taxes.

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Japanese government incentives, tax exemptions, and higher gas duties are fueling a surge in hybrid car sales – and leaving the beleaguered US automobile market behind.

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MELBOURNE, AUSTRALIA – July 21, 2009: Victorian taxi driver Sandeep Singh, has introduced the first Honda Civic Hybrid taxi to Melbourne roads. A taxi operator for seven years, Mr. Singh’s decision to introduce a hybrid car is part of his ongoing efforts to become more environmentally conscious.

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June 10 (Bloomberg) — South Korea plans to cut taxes on gasoline-electric hybrid cars by as much as 3.1 million won ($2,480) starting next month to spur demand for fuel-efficient vehicles.

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Readers like going green, but suggest studying driving habits, tax breaks, and costs.

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You might be able to claim a tax credit of up to $3,000 if you purchase a gas-saving hybrid car or light truck.

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