Tax credits globally

[SwissTaycan]

As US owners (or tax payers) are going to lose out on the $7.500 tax credit, I was just wondering what tax credits other international Taycan Forum members are or are not getting?

In Switzerland there is/was:

-a rebate on the purchase price. As it relates to me I or the car did not qualify in the state (Canton) I live in*
-from no support to full 100% discount on the annual “road tax” we pay to register the car. As it relates to me, again my state/Canton converts the electrical power of the Taycan into ICE horse power and taxes me like I own an ICE

No super incentive where I live and wonder if that will change (but surely will not be grandfathered). At least I got CASH back sent to my account for the solar panels on my roof!


*in a way similar to the US with a federal government and state government

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[kailifish]

interested to know as well,

In Taiwan, we are exempt from road tax.
Rumors are this will be gone soon and we will be charged by HP.

We also get a refund on the Cargo tax charged for importing the car

 

[madeyong]

In the US there are still certain state tax incentives. For example, most states charge sales tax on the sale or lease of a motor vehicle. In New Jersey where I live it is 6.625% of the full purchase price. However, the purchase or lease of a “zero emissions vehicle” is exempt from that tax so I saved the 6.625% when I purchased my Taycan. Each state differs of course.

 

[Tooney]

"EU, South Korea say U.S. plan for EV tax breaks may breach WTO rules" https://www.reuters.com/business/au...scriminatory-may-breach-wto-rules-2022-08-11/

 

[tigerbalm]

In Ireland:

• A €5,000 rebate on Vehicle Registration Tax was recently removed for any vehicle costing more than €50,000.
• Vehicle Registration Tax (VRT) is fixed at 7% of purchase price. By comparison a 911 is 41% and that is calculated on top of sales tax of 23% – meaning tax on an EV totals only 30% of vehicle cost where as a 911 is 64%.
• Annual Road Tax is fixed at €120/year. A 911 would be €2,400/year by comparison.
• A 50% (peak) or 75% (off-peak) discount on toll roads and bridges.

 

[SwissTaycan]

Ouch @tigerbalm that is pretty painful taxation!!!! The VRT and annual road tax (for a 911) is horrific! I think France is also pretty harsh on luxury cars!

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