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Transport Ministry plans road tax hike for luxury cars with high CO2 emissions

BC, Riga, 21.10.2016.Print version
The Transport Ministry in cooperation with experts has completed work on alternative road tax rates, which stipulate higher taxes for luxury automobiles with high carbon dioxide emissions. The tax is expected to provide EUR 93 mln to the budget this year and about as much in 2017.

Talivaldis Vectirans, head of the Transport Ministry's Road Transport Department, told that the ministry was proposing to reduce the road tax for vehicles with low CO2 emissions, zero to 50 grams per kilometer, manufactured after 2009, while the tax for automobiles with CO2 emissions of over 250 grams per kilometer will increase EUR 100 to EUR 150.


"The tax will increase more for those automobiles whose CO2 emissions fall in the ranges of 250 grams to 300 grams per kilometer, 300 grams to 350 grams per kilometer, and more than 350 grams per kilometer. That is, for luxury automobiles. The new tax will apply to approximately 92,000 automobiles, and to more than 111,000 automobiles in 2019. We are planning to collect more than EUR 93 mln in road tax next year," said Vectirans.


The Transport Ministry has agreed with industry representatives that there will be eleven road tax levels. No road tax will apply to automobiles with CO2 emissions of up to 50 grams per kilometer. Road tax rate for automobiles with CO2 emissions of 50 grams to 95 grams per kilometer will be EUR 12, and EUR 48 for emissions of 96 grams to 115 grams per kilometer, EUR 84 for emissions of 116 grams to 130 grams per kilometer, EUR 120 for emissions of 131 grams to 155 grams per kilometer, EUR 144 for emissions of 156 grams to 175 grams per kilometer, and EUR 168 for emissions of 176 grams to 200 grams per kilometer.


Tax road for automobiles with CO2 emissions of 201 grams to 250 grams per kilometer will be EUR 264, 251 grams to 300 grams per kilometer - EUR 408, 310 grams to 350 grams per kilometer - EUR 552, and more than 350 grams per kilometer - EUR 756.


The new road tax rates will only apply to vehicles manufactured after 2009, and they will come into force in 2017, emphasized Vectirans.

 






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