Posts Tagged ‘vehicles’
Reduce Vehicle Tax On Car Segment
Carlos Marx Carrasco, director of the Internal Revenue Service (IRS) announced that further adjustments are made in the tax reform proposed by the agency. These adjustments are intended to reduce the vehicle tax on the most expensive car segment. This, after he scrapped the tax on plastic bags.
SRI’s initial proposal contemplated the payment of an annual fee for vehicles ranging from USD 30 to USD 5 000, depending on the cost and the cylinder capacity of vehicles. This, in order to raise USD 120 million that would have been aimed at supporting the crisis in the health sector and environment. The bulk of the tax, he said Carrasco, affect only 2% of vehicle owners.
This led to complaints and criticism from various sectors of industry, since the measure would affect vehicles, primarily new, costing from $ 30 thousand, also be taxed in the hybrid segment, though they are cleaner. According to Carrasco, after adjustments, the average pay less expensive cars would be $ 20.