Newswire

Coming This September: A Luxury Tax on Vehicles

Are you planning on purchasing a luxury vehicle in the coming months?
Be aware that as of this fall, you are likely to experience an increase in
the cost of certain luxury vehicles. While final legislation has yet to be
enacted at the time of writing, the federal government quietly released
revised draft proposals in March for a luxury tax to be introduced as of
September 2022.

 

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