Ad closing in seconds....

Japan scraps tax for green vehicles

Published: 28 December 2008

Environmentally friendly vehicles will no longer be taxed in Japan.

The Japanese government has announced the measures to help promote low-carbon, sustainable mobility in the country.

That means that when Honda unveils its battery-powered bike in two years it should be exempt from acquisition tax and tonnage tax.

The measures have been welcomed by Japanese industry, as it hopes the move will help stop the decline in vehicle sales which has been blighting the country.

Bauer Media

Bauer Media Group consists of: Bauer Consumer Media Ltd, Company number: 01176085, Bauer Radio Ltd, Company Number: 1394141
Registered Office: Media House, Peterborough Business Park, Lynch Wood, Peterborough, PE2 6EA H Bauer Publishing,
Company Number: LP003328 Registered Office: Academic House, 24-28 Oval Road, London, NW1 7DT.
All registered in England and Wales. VAT no 918 5617 01
Bauer Consumer Media Ltd are authorised and regulated by the FCA(Ref No. 710067)