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Ministries want to amend luxury tax policy to ease automobile prices


Ministries want to amend luxury tax policy to ease automobile prices
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 09/07/2021
  
10:02
GMT+7
The prices of domestically assembled automobiles are expected to go down once the luxury tax policy is amended. Strategic small-capacity and fuel saving models will be given priority.
A number of agencies, enterprises and voters have sent documents to the Government and Ministry of Finance (MOF), asking to design preferential policies to develop certain strategic automobile lines.
Strategic car lines have small capacity, fuel savings, and are environmentally friendly.
MOF is joining forces with MOIT to work on policies and measures to support and encourage the development of automobile manufacturing and assembling, and increase the added value created ....

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