Used-car taxes to rise up to $800

Used-car taxes to rise up to $800

 Accordingly, for cars under 1,000cc, the tax rate will be US$5,000 while cars from 1,000 to 1,500cc will be subjected to a rate of $10,000.

The current tax rates are $4,200 and $9,600 respectively, according to Ministry of Finance Circular 28/2013/TT-BTC, which took effect on April 29.