transport tagged posts

Tax Breaks in the USA Causing Traffic Jams

November 19, 2014 Taxation in USA

Traffic in the USAWASHINGTON D.C. – New research shows that a portion of America’s traffic congestion can be attributed to tax breaks, which almost exclusively benefit only the wealthy.

The tax benefits currently offered to taxpayers in the USA who are provided a carpark by their employer are significantly attributing to traffic congestion in the country, while the tax breaks offered for the use of public transport and bicycles are not doing enough to convince people to stop driving their cars, according to the information provided in a new report released by the US based non-government organization TransitCentre.

Currently, parking benefits of up to USD 250 per month provided by an employer to their employee will be exempt from the calculation of the employee’s personal income tax obligations, while simi...

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Tourist to Pay Tax to Use Autobahn

July 9, 2014 Taxation in Germany

Tax on AutobahnBERLIN – Tourists coming to Germany may soon have to pay a new tax to drive on the national Autobahn.

On June 8th the minister of Infrastructure of Germany Alexander Dobrindt announced that by the end of the current year the taxes applicable for road use will be raised, significantly hiking the cost for using a overseas registered car on the national Autobahn system.

Following the change, drivers using an overseas registered car will need to pay EUR 10 to receive a ten-day pass to use the national highway system.

Foreigners needing a longer pass will be able to pay EUR 20 for a two months pass, or approximately EUR 100 for a yearly pass, although the exact amount will vary based on the size and power of the particular car.

The road tax for cars registered in Germany will also be hiked, a...

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Americans Want Higher Fuel Tax

June 11, 2014 Taxation in USA

Fuel taxes in the USAWASHINGTON D.C. – Many Americans are willing to pay up to twice as much tax on fuel as they currently do, if the extra expense will help improve the conditions of the country’s transport infrastructure.

On June 10th the American Automobile Association released a statement with the results of a new survey of taxpayers’ opinions on a proposal to hike federal fuel taxes by USD 0.12 per gallon, showing that a substantial portion of American would support such an increase if the money was used to improve roads and transport infrastructure.

According to the newly issued statement, approximately 51 percent of the respondents to the survey claimed that they would be willing to pay more for fuel if the extra tax revenues were used on “…nation’s roads, bridges and mass transit systems”...

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New Car Taxes in China

December 20, 2011 Taxation in China

Car tax in ChinaBEIJING – Taxes on owners of motor vehicles are being changed in China, with new rates aimed at encouraging taxpayers to choose greener and more fuel efficient vehicles.

On December 19th the State Administration of Taxation of China revealed the Vehicle and Vessel Tax Law, stating that from January 1st 2012 new taxes will be instated on all vehicles in the country.

The new tax will be levied on passenger vehicles with engine sizes above 1L and with seating capacities of less than nine passengers. The tax rate begins at RMB 300 per year for the smallest cars, and will reach up to RMB 5 400 for cars with engine capacities above 4L. The tax rates have been balanced to encourage drivers to use cars with engines below 2L in size...

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UK Government Urged to Reform Fuel Taxes

June 18, 2010 Taxation in UK

PacLease-Kenworth medium duty hybrid at dockThe UK Government is being urged by the national logistics industry sector to consider reforms to the current fuel duty levels, road charging system and the decoupling of duty paid on diesel for commercial vehicles.

On June 17th the UK Freight Transport Association (FTA) released a statement concerning a meeting held on the same day with Justine Greening MP, the new UK Economic Secretary. According to Theo de Pencier, CEO of the FTA, the FTA has upheld an open and cooperative business relationship with several Government officials, and the “…meeting with the new Economic Secretary was very much in this spirit.” He added that the new Minister seemed receptive to the FTA’s views on “lorry road user charging, fuel tax and decoupling diesel duty for HGVs.”

At the meeting Theo de Pe...

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