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VIETNAM: Luxury cars face higher tax

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In a document sent to the legislature, the Government supports a special consumption tax rate hike proposed by the Ministry of Industry and Trade.  The tax would rise from 60% to 90% for autos with engine capacity of 3,000-4,000 cubic centimeters, from 60% to 110% for cars with engine capacity…

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Click here to read the full story: Vietnam Net

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