Greek Car Market Reacts Positively To Car Taxation Plans

  • by XpatAthens
  • Thursday, 28 May 2015
Greek Car Market Reacts Positively To Car Taxation Plans
Greek car market officials positively reacted to a Finance ministry plan to change car taxation although officials said the market will wait for the ministry's final proposals to judge the result.

Market officials said a plan to link car taxation to the car's pre-tax retail price, instead to its power under the current system, is a fair measure, while they positively reacted to plans to change current living standard criteria for the use of cars -considered in some cases to be excessive- and to plans to offer exemptions to circulation fees for cars using the latest environmental friendly technology and fuel.

The Finance ministry plan envisages linking registration fees with pre-tax retail price of a car, which means higher registration fees for expensive cars and lower fees for cheaper cars.

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