Jordan rules out plans to cut taxes on hybrid cars
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Jordan rules out plans to cut taxes on hybrid cars

Jordan rules out plans to cut taxes on hybrid cars

The Jordanian government has ruled out plans to cut taxes on hybrid cars, an announcement met with relief by automobile traders and importers, Jordan Times has reported. Finance minister Umayya Toukan said a decision taken by the government in June, 2012, to reduce the special tax on fuel-efficient cars proved to be sound as demand picked up, adding there was no need to further reduce the tax rate. Under the decision, the special tax on hybrids with engines smaller than 2,500 CC was reduced from 55% of the value of the vehicle to 25%, while those with larger engines are subject to a 55% tax.

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    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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