No delay on 10% tax increase on Hybrid cars — Source

AMMAN — A source at the Ministry of Finance confirmed that they will not postpone the planned 10 percent tax on hybrid cars, which will happen at the beginning of 2022.اضافة اعلان

In a statement to Al-Rai, the source indicated that the decision of imposing a tax was agreed upon with the Jordanian Free Zones Investors Commission and has happened in stages in order to mitigate a sudden rise.

The source believed that this increase would not have a significant impact on vehicle sales and prices, pointing out that the import of vehicles is still at the same expected rates.

The commission presented a study showing how the addition of a 10 percent tax on Hybrid vehicles would affect their prices and how the price is expected to increase significantly compared to other cars, primarily due to vehicle price hikes globally from the manufacturer and due to limited production.

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