Tax exemptions for EVs to be extended - News Summed Up

Tax exemptions for EVs to be extended


Tax exemptions for EVs to be extendedStaff writer, with CNAThe Legislative Yuan today passed amendments to commodity and vehicle license tax laws for electric vehicles (EVs) that would extend an exemption of these taxes for an additional five years. An amendment to the Commodity Tax Act (貨物稅條例) would extend the exemption of the commodity tax for EV purchases, but continue to limit it to a taxable value of NT$1.4 million (US$44,430) per EV, with amounts in excess of that not receiving tax-free status. Photo: Taipei Times file photoAn amendment to the Vehicle License Tax Act (使用牌照稅法) would also extend the exemption of the license tax for another five years. The commodity tax and vehicle license tax exemptions for EVs took effect in January 2011 and in January 2012 respectively, and have been extended several times, the Ministry of Finance said. As of the end of last month, the EV commodity tax exemption had cost the treasury a cumulative NT$28.9 billion, while the EV vehicle license tax exemption had cost the government NT$9.2 billion, the ministry said.


Source: Taipei Times December 23, 2025 10:35 UTC



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