Country:Japan
Year:2009
Policy status:In Force
Jurisdiction:National
Date Effective:2009
Date Amended:

2014

Policy Type:Economic Instruments>Fiscal/financial incentives>Taxes, Economic Instruments>Fiscal/financial incentives, Economic Instruments>Fiscal/financial incentives>Grants and subsidies
Policy Target:Transport
Agency:Ministry of Land, Infrastructure, Transport and Tourism (MLIT)
URL:http://www.mlit.go.jp/jidosha/jidosha_fr1_000028.html
URL:http://www.wri.org/sites/default/files/wri_workingpaper_japan_final_ck_6_11_14.pdf
Description:

Tax breaks are available for three automobile taxes: tonnage, acquisition, and ownership. Hybrids, plug-in hybrid electric, electric, fuel cell, clean diesel, and natural gas vehicles qualify for tax breaks. The tax break amount depends on the level of fuel efficiency and type of vehicle. Vehicles with fuel efficiency more than 20 percent higher than the FY2015 standard will receive the maximum tax reduction. The tax break period for tonnage and acquisition taxes was extended in 2015 for two years until 2017.

Eco-car subsidies were available for vehicles meeting FY2015 fuel efficiency standards or exceeded the FY2010 fuel efficiency standard by 25%. As a result of the budget limit being reached, the subsidy scheme was closed in September 2012.

25 Energy Efficiency Recommendations Applied:Transport, Transport, Fuel-efficient non-engine components

Last modified: Thu, 09 Jun 2016 12:36:59 CEST