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  • What is the tax on luxury cars?

    33% 33% 33%

    Questioner:Isabella Brooks 2023-04-07 07:59:21
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  • Ethan Hall——Works at the International Renewable Energy Agency, Lives in Abu Dhabi, UAE.

    Luxury car tax (LCT) is a tax on cars with a GST-inclusive value above the LCT threshold. LCT is imposed at the rate of 33% on the amount above the luxury car threshold. LCT is paid by businesses that sell or import luxury cars (dealers), and also by individuals who import luxury cars.read more >>
    +119962023-04-14 07:59:21

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