Law 21,420 establishes a luxury tax with a surcharge of 2%, which, among other things, is levied on vehicles whose current market value is equal to or greater than 62 uta, with which a substantial proportion of vehicles will be affected. . Electric current chile market.
We believe that at first, this method of the permanent collection is not effective and has been put to the test in countries such as England or the United States. Second, we find ourselves with the dilemma of the incentives or disincentives that this type of tax should produce on certain behaviors, our attention turns specifically to how counterproductive this tax could be, with the new nascent electric automotive With industry, that is said to be gaining strength. To avoid the pollution produced by gasoline combustion vehicles.
“Law 21,420 establishes a luxury tax with a surcharge of 2% to be levied, inter alia, on vehicles whose current market price is equal to or greater than 62 UTA, which covers a substantial portion of electric vehicles Will affect the Chilean market.
However, and contrary to expectation and what happens in other parts of the world, Chile generates an additional tax that will affect a large portion of these vehicles, which would be considered luxury. We believe this tax should be reviewed to exempt vehicles that contribute to energy efficiency and zero emissions, in this case electric vehicles.
