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Used-car taxes to rise up to $800

Update: May, 08/2013 - 09:44

The import tax on used cars of nine seats or more will increase on June 20, according.— VNS File Photo

HA NOI (VNS)— The import tax on used cars of nine seats or more will increase on June 20, according to the Prime Minister's Decision 24/2013/QD-TTg.

Accordingly, for cars under 1,000cc, the tax rate will be US$5,000 while cars from 1,000 to 1,500cc will be subjected to a rate of $10,000.

The current tax rates are $4,200 and $9,600 respectively, according to Ministry of Finance Circular 28/2013/TT-BTC, which took effect on April 29.-VNS



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