House scraps consumer tax on vehicles, changes road tax regime
The House of Representatives has approved two laws scrapping consumer
tax on vehicles and changing the road tax regime.
Both bills were approved by majority after protracted consultations between
political parties and the government.
The new regime applies only to vehicles that will be registered after the law
comes into effect on its publication in the Official Gazette and is part of
efforts to curb emissions by penalising polluting vehicles.
Vehicles which have also been already imported but not yet registered will
not be affected by the changes, the Cyprus News... [Read More]
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