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Gov't considers extending tax benefits on electric and hydrogen fuel-cell vehicles

2019-06-25 1 Dailymotion

홍남기 "수소전기차 개별소비세 감면 확대 추진"<br /><br />Korea's finance minister says the government is considering an extension of its tax break on electric and hydrogen fuel-cell vehicles.<br />At a meeting with auto industry representatives earlier today, Hong Nam-ki said he is looking to maintain the five percent discount on consumption taxes for eco-friendly cars.<br />The measures first went into effect in 2017, but is set to expire in December.<br />He said the government will unveil a set of measures next week, including tax incentives to help boost auto sales in the country. <br />

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