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Australia: Toyota opposes luxury car tax

Toyota has called for the abolition of the Federal Government's Luxury Car Tax (LCT), following reports of a tax loophole. The OEM says its stand to abolish LCT is consistent with the 2010 Henry Tax Review. David Buttner, Toyota Australia senior executive director – sales and marketing, called the LCT inefficient, Subscribe to Automotive World … Continued

Toyota has called for the abolition of the Federal Government's Luxury Car Tax (LCT), following reports of a tax loophole. The OEM says its stand to abolish LCT is consistent with the 2010 Henry Tax Review.

David Buttner, Toyota Australia senior executive director – sales and marketing, called the LCT inefficient,

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https://www.automotiveworld.com/articles/87780-australia-toyota-opposes-luxury-car-tax/

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