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Finance Bill 2024 Plans to Reduce VAT, Road tax and Registration Fees for Electric Cars

The draft finance law for 2024 includes new measures to encourage the use of 100% electric bicycles and cars.

The 2024 finance bill proposes to reduce VAT on these vehicles from the current 19% to 7% from January 1, 2024.

It also provides for a 50% reduction in road tax (vignettes) and registration fees for these vehicles.

Source: www.tap.info.tn

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