News dalla rete ITA

29 Settembre 2022

Etiopia

ETHIOPIA - ETHIOPIA EXEMPTS ELECTRIC VEHICLES FROM TAXES TO DRIVE DOWN PRICES

Ethiopia’s Ministry of Finance has introduced a revised tax regulation that exempts Electric Vehicles (EVs) from taxes.The revised regulation has exempted both imported or locally assembled EVs from Value Added Tax, excise tax, and surtax.The ministry has also reduced the Customs tariffs imposed on EVs based on their assembly status.The newly revised regulation would incentivize the growing local electric auto assembly sector and EV importers while reducing the cost of EV users, the Ministry said.The government plans to introduce 4,800 electric buses and 148,000 electric automobiles in its ten years strategic plan. (ICE ADDIS ABEBA)


Fonte notizia: Ethiopian Monitor