|Policy status:||In Force|
|Policy Type:||Economic Instruments>Fiscal/financial incentives|
State budget 2001, introduced in 2000, provides for a 50% reduction of the tax on the purchase of vehicles when they use exclusively liquefied petroleum gas (LPG) or natural gas. When they are driven by hybrid engines that use conventional fuels but can also use LPG, natural gas, electricity, or solar energy, a 40% reduction of that tax is provided. These measures create an incentive for the market penetration of low-carbon fuels.
|This record is superseded by:||Amendments to the National Passenger Car Tax|
|This record supersedes:||Reduction of Purchase Tax for Clean Fuel Cars|
Last modified: Thu, 14 Mar 2013 14:18:59 CET