Industry minister waits for market stability before assessing electric cars tax

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Home Business Industry minister waits for market stability before assessing electric cars tax 19-10-2024 02:05 PM Ammon News - Minister of Industry, Trade and Supply, Yarub Qudah, remarked on the increase in tax on electric cars, stating: "We will evaluate the effects of these decisions after the market stability." This was a response to a query about the choice to implement a tax on electric cars made during his meeting with business leaders on Saturday, saying: "After the market settles down, we will assess the repercussions of these choices." In September 2023, the Cabinet agreed to a modified version of the special tax system for the year 2024, which included lowering the special tax on gasoline vehicles and gradually increasing it for the most expensive electric vehicles. The government announced that electric cars under JD10,000 would not face any tax changes.

Home Business

Industry minister waits for market stability before assessing electric cars tax

19-10-2024 02:05 PM

Ammon News - Minister of Industry, Trade and Supply, Yarub Qudah, remarked on the increase in tax on electric cars, stating: "We will evaluate the effects of these decisions after the market stability."

This was a response to a query about the choice to implement a tax on electric cars made during his meeting with business leaders on Saturday, saying: "After the market settles down, we will assess the repercussions of these choices."

In September 2023, the Cabinet agreed to a modified version of the special tax system for the year 2024, which included lowering the special tax on gasoline vehicles and gradually increasing it for the most expensive electric vehicles.

The government announced that electric cars under JD10,000 would not face any tax changes.

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