Policy status:In Force
Date Effective:1996
Policy Type:Economic Instruments>Fiscal/financial incentives>Taxes, Regulatory Instruments
Policy Target:Transport>Passenger
Legal References:Third National Communication to the UNFCCC (p34)
Description:The purchase tax on cars was initially fixed according to the value and weight of different models. Although no precise estimates of its effects are available, the weight component may be an incentive to purchase lighter, more energy-efficient cars. In addition, since 1996, the tax has been differentiated to replace its value-base element with an energy performance component. In 2006, the tax structure was evaluated to potentially include a vehicles CO2 emissions within the calculation of its purchase tax. Information is provided in the OECD /EEA database on instruments used for environmental policy and natural resources management:

Last modified: Wed, 24 Oct 2012 10:20:44 CEST