Mereja.Forum

[Abaymado]

Honestly, it is very unbelievable. How could you expect the imposed tax eclipse the cost of the car in very great margin? Here is evidence which is obtained car importer and seller:

The new excise tax envisaged to impose tax from 100-500%. That is :

Used cars for 0-1 years--------- 100%
1-2 years----------150%
2-4 years----------200%
4-7 years----------300%
>7 years-----------500%

In this way, we can approximate the cost of car manufactured in 2010. For example Toyota model of 2010 costs 250,000. Using the above calculation excluding transportation of the car and insurance, the cost of the car is about 2. 5 million birr!!

[Abaymado]

This is just to be irresponsible and inconsiderate. After all, government officials can steal and also posses cars, what about others? By the way, who will benefit? As if we have potential to manufacture our own car, piling up unimaginable amount of tax is unbelievable.
After the government allowed our money to be weakened and having zero potency in producing cars locally, what is the intent of this shiiiit law?

[Degnet]

Honestly, it is very unbelievable. How could you expect the imposed tax eclipse the cost of the car in very great margin? Here is evidence which is obtained car importer and seller:

The new excise tax envisaged to impose tax from 100-500%. That is :

Used cars for 0-1 years--------- 100%
1-2 years----------150%
2-4 years----------200%
4-7 years----------300%
>7 years-----------500%

In this way, we can approximate the cost of car manufactured in 2010. For example Toyota model of 2010 costs 250,000. Using the above calculation excluding transportation of the car and insurance, the cost of the car is about 2. 5 million birr!!

He is spending millions of dollars and there are few jobs.