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IMF wants Norway to tax luxury electric cars

IMF wants Norway to tax luxury electric cars

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The International Monetary Fund (IMF) believes that Norway should implement a tax on luxury electric cars to reduce the cost of subsidies.

 

The International Monetary Fund (IMF) has spoken about subsidies given to Dutch citizens for the purchase of electric cars, and believes that taxes should be put in place on luxury electric vehicles to reduce the overall cost of subsidies given to buyers.

 

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Today, Norway exempts all fully electric vehicles from tax. If it were to follow the IMF‘s lead, Norway could tax luxury car manufacturers such as Mercedes-Benz, Jaguar, Porsche, and even some high-end models from Tesla and Audi.

 

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Featured photo : © Agnès Villette

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