Switzerland on Wednesday scrapped a tax exemption for imports of electric cars, whose growing presence on Swiss roads has cut into tax revenues.
to December 31, 2023, announced by a notice on Monday. The notice, issued by China’s Ministry of Finance, the State Taxation Administration (STA) and the Ministry of Industry and Information Technology (MIIT), effectively extends tax exemption on NEVs including battery electric...
The exemption is China’s latest measure to expand the country’s electric vehicle market, which it identifies as a crucial step towards addressing environmental pollution, energy conservation and industry innovation, a “win-win” situation for industrial development and environmental protection, accordin...
TAXBENEFITSINCENTIVES:ELECTRICCARS TAX TAXBENEFITS INCENTIVES AcquisitionOwnership Acquisition Companycars Purchase Infrastructure FRANCE Regions Regionsprovidean exemption(eithertotalor50%)foralternatively poweredvehicles (ieelectric,HEVs,CNG,LPG,andE85). BEVs,FCEVs,andPHEVs(witharangeof50km)areexemptfromthe...
Tax exemption reduction and abolition paths which offer a compromise between minimal effects on the development of zero-emission vehicles and tax revenues have been identified. An updated and re-calibrated version of the stock-flow-model SERAPIS was used to simulate and assess different scenarios. ...
China will exempt electric-car buyers from purchase taxes as part of expanded State measures to boost sales of the vehicles, an executive meeting of the State Council said on Wednesday. From Sept 1 to the end of 2017, the government will waive the auto-purchase tax for new-energy vehicles,...
China is looking to extend a tax exemption for new electric vehicles (NEVs) as part of efforts to encourage car purchases, the Ministry of Commerce said on Thursday. The ministry, together with other 17 departments, unveiled measures to encourage trade-ins of older vehicles and support the seco...
China will extend the exemption of purchase tax on new energy vehicles, which is scheduled to expire by the end of the year, to the end of 2023, according to a notice issued by China’s Ministry of Finance, the State Taxation Administration and the Ministry of Industry and Information Techn...
China is looking to extend a tax exemption for new electric vehicles (NEVs) as part of efforts to encourage car purchases, the Ministry of Commerce said on Thursday. The ministry, together with other 17 departments, unveiled measures to encourage trade-ins of older vehicles and support the seco...
This was an extension of an existing purchase tax waiver that was rolled out in 2014 as part of measures to reduce emissions. The country will add new NEV models to the list of cars eligible for the tax exemption, as long as they meet a set of technical, qualit...