The Ministerial Regulation Prescribing the Excise Tariff Rate was published in December 2023 to extend the temporary reduction of excise tax for eco-cars with 1,300 cc for gasoline engines and 1,400 cc for diesel engines (eco-cars). Under the regulation the excise tax rate for eco-cars will be temporarily reduced from 25% to 14% for another two years from January 2024 to December 2025.
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