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No fuel tax * Taiwan - On buses and trucks for six months
No fuel tax will be levied on tourist buses and trucks, including container-cars, for a half year
Taipei,Taiwan -The China Post -July 1, 2008: -- ... Starting today, the Ministry of Transportation and Communications said yesterday... Chen Chin-yuan, MOTC highway department director-general, said the collection of fuel tax will be suspended for six months until the end of this year to ease the burden of bus and truck operators following a surge in oil prices... The surge in oil prices, which set an all-time high at US$142 a barrel last Friday, made three transport guilds demand that they be exempted from fuel tax... But the MOTC granted a six-month suspension, which is expected to reduce the tax revenue by at least NT$1.5 billion... Each operator will save an average of NT$12,500. There are 100,000 trucks, 10,000 tourist buses, and 10,000 container-cars that will be exempt from fuel tax from July 1 to December 31... The three guilds are also demanding fuel subsidies and exemption from license tax and freeway tolls...
Labels: fuel tax rebates
posted by Unknown @ 10:28 AM
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