| Used-car taxes to rise up to $800 | |
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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