luxury car tax
Premium vehicle surcharge
A luxury car tax is an additional tax imposed on vehicles priced above a certain threshold, intended to generate revenue from high-end purchases while discouraging conspicuous consumption.
The specific threshold and rate vary by jurisdiction.
Australia's luxury car tax applies at the point of sale; other countries fold similar levies into registration or import duties.
The luxury car tax added twelve thousand to the purchase price.
- exciseRemove by cutting
- tariffTax on traded goods
- import tariffTax on goods entering country
- levyCompulsory government charge
- import dutyTax on incoming goods
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