Vehicle owners to pay higher road tax in August
The Ministry of Finance will start to issue 2017 road tax stickers in August, but vehicle owners will be paying more this year. The percentage increase is not yet known but the Tax Department is currently accepting comments from the National Assembly. Some Assembly members say the proposed road tax is too high for some kinds of vehicles and think it may be beyond the means of people in rural areas. A Tax Department official told Vientiane Times on Monday “First of all we considered doubling the tax on certain vehicles, such as motorbikes, for which the tax is currently 7,000 kip.” The tax for sedans was proposed at 80,000 kip, up from 52,000 kip previously. However, the department is still considering how to adjust the tax appropriately. It is expected that the increase for each category of vehicle will be known next week.
