The Ministry of Finance on Monday proposed allowing local governments to extend tax exemptions for electric vehicles (EVs) until 2029.
This would be the fifth time that the exemption within Article 5 of the Vehicle License Tax Act (使用牌照稅法) would be extended since it was first implemented in 2012, pending a 30-day public consultation period set to expire on Sept. 3.
If it is not extended, the exemption is to expire at the end of this year.
Photo: Taipei Times
The tax exemption promotes energy conservation and reduces carbon emissions, the ministry said.
Encouraging the use of EVs supports the development of the industry within Taiwan and works toward the government’s goals of promoting EV adoption and of achieving net-zero emissions by 2050, it added.
While the norm for public notice periods is 60 days, the ministry said that the time was shortened, as this proposal only grants local governments the authority to continue extending an existing tax break that benefits the public and is supported by local officials.
It added that it welcomes comments or suggestions from the public during this time.
Since 2012, the number of EVs registered in Taiwan has grown more than 300 times, rising from just more than 300 vehicles in 2012 to 97,000 this year.
FUKUOKA SITUATION: Japanese media reported that the pathogen is expected to be identified by the summer, while the CDC downplayed the idea that it was hMPV A “mysterious cold-like illness” reported in Japan’s Fukuoka Prefecture does not seem to be a new disease, but Japanese authorities have been asked about the situation, the Centers for Disease Control (CDC) said yesterday. The Fukuoka Prefectural Medical Association on Wednesday told a news conference that a “mystery cold” that has become a hot topic on social media is “highly likely to be caused by some kind of viral infection,” Japan’s KBC News reported. “Many people are experiencing symptoms starting with a sore throat, followed by a runny nose, phlegm and a severe cough,” KBC News reported, citing association officials. Health authorities are
Nvidia Corp CEO Jensen Huang (黃仁勳) arrived in Taiwan yesterday ahead of upcoming AI and technology events, saying he plans to meet with clients and Taiwan Semiconductor Manufacturing Co Chairman C.C. Wei (魏哲家) during his visit. After landing at Taipei Songshan Airport, Huang posed for photos with fans and handed out Yakult drinks to reporters and supporters waiting at the scene, saying he has “a lot to do” during the trip. Asked about reports that Nvidia’s planned headquarters site in Taipei’s Beitou Shilin Technology Park could break ground on May 27, Huang said that if the company holds an event, he would
Carrefour Taiwan is to begin using a new name from the start of July, but it cannot divulge the name until then, the chairman of the supermarket chain's parent company said today. President Chain Store Co chairman Lo Chih-hsien (羅智先) was asked by reporters after a shareholders' meeting to confirm whether the company has settled on a new name for the supermarket brand. In March, the government-registered name of two Carrefour Taiwan branches was quietly changed to "Le Chia Kang" (樂家康) in Chinese, raising speculation that has been selected as the name. Lo said that because of local regulations and contractual obligations, the
The Philippines would likely be involved in any conflict over Taiwan due to its proximity to the democracy claimed by China, President Ferdinand Marcos Jr said, reiterating a stance that risks angering Beijing. “In the Philippines, we do not have a choice because Taiwan is so close to the Philippines and we have almost 200,000 Filipino nationals living and working in Taiwan,” Marcos said in an interview with Japanese media in Manila on Monday. The Philippine leader’s comments come ahead of a state visit to Japan next week, where he is to meet with Japanese Prime Minister Sanae Takaichi to discuss security
RSS