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March 9, 2021
BUSINESS

Matriculation tax to get more expensive – EU Okays hike

Employees at the Arad Office of the Romanian Vehicle Registration Department (RAR) are working in two shifts this week to cope with the nearly 30 per cent rise in requests for car registrations amid information about an imminent hike in first matriculation taxes starting January 1, 2011.


The European Union has given its approval to a new first motor vehicle registration tax being charged in Romania, Agerpres reports. Environment and Forests Minister Laszlo Borbely yesterday said that, actually, some taxes already in place will rise and a new, small tax will be charged on euro 5 motor vehicles.“We are likely to come up with some law incentives too for the buyers of green cars aimed against pollution,” Borbely explained.He specified that, under the ministry proposal, a tax of roughly 100 and 130 euros will be levied on euro 5 cars with the engine capacity of 1,200 cc and 1,400 cc respectively, to rise up to EUR 1,100 for motor vehicles with an engine capacity of 2000 cc.However, Borbely outlined this only being a ministry proposal, with the inter-ministerial committee holding talks on the issue, which might conclude next week. The hiking of the car tax will put an end to second-hand car imports and will encourage the purchase of vehicles made in Romania, according to representatives of two of the major car ads portals. “If, in 2009, more than half of the second hand cars on offer were imported cars, this year, their ratio dropped at 30 per cent. Once the environmental tax is hiked, bringing in second-hand cars from abroad will cease to be profitable, so that soon we will see a decline in second-hand car imports,” the general manager of the autovit.ro car ads website, Attila Okanyi, stated, quoted by Mediafax.

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