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South Africa: Government to proceed with new taxes

South Africa is proceeding with plans to introduce a new car tax that takes into account CO2 emissions, despite warnings that it could seriously hamper the industry’s recovery, reports Reuters. A spokeswoman for the Treasury confirmed that the new tax will take effect 1 March. Plans for the new tax were Subscribe to Automotive World … Continued

South Africa is proceeding with plans to introduce a new car tax that takes into account CO2 emissions, despite warnings that it could seriously hamper the industry’s recovery, reports Reuters. A spokeswoman for the Treasury confirmed that the new tax will take effect 1 March.

Plans for the new tax were

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https://www.automotiveworld.com/articles/80354-south-africa-government-to-proceed-with-new-taxes/

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