KIEV, Aug. 21 – The Finance Ministry has proposed that a tax of UAH 25,000 on cars with an engine capacity of over 3,000 cubic meters should only apply to luxury cars, and a tax of up to UAH 1,000 should be introduced for all owners of cars which are no older than five years, Deputy Finance Minister Olena Makeyeva said.
"A tax of UAH 25,000 is only for luxury cars: the clearly defined list of models should be, Europe has it, and these are 10-15 models. The rest [of car owners] should also pay the tax, but it should be less than UAH 1,000 a year," she said at a briefing in Kiev.
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