Source: Australian Tax Forum Journal Article
Published Date: 1 Apr 2019
The Australian Government proposes to reduce greenhouse gas emissions from the road transport sector by phasing in regulatory fuel efficiency standards between 2020 and 2025. To meet the standards, global car manufacturers will be required to
reduce their fleets' average CO2 emissions by increasing the supply of low'emitting, fuel'efficient vehicles. The Australian Government states the luxury car tax (LCT) concession for fuel'efficient vehicles is one of the adopted measures to encourage households and businesses to purchase more fuel'efficient vehicles.
Will cars go green under the ACT's reformed vehicle purchase tax? - Journal 01 Feb 2017
Will cars go green in the ACT? A case study of the reformed vehicle stamp duty - Journal 01 Mar 2015
Reforming vehicle taxes on new car purchases can reduce road transport emissions - Ex post evidence - Journal 01 May 2014
What now for environmental sustainability? Government fails to link the Australian car FBT concession to vehicle emissions - Journal 01 Sep 2011
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