China extends purchase tax exemption fmagic bands costor new energy vehiclesVisit St. Lucia To Get The Feel Of An Awesome Luxury Vacation It"s been an interesting year for punk rock music. Ann Arbor"s punk acolytes Iggy and the Stooges were inducted into the Rock and Roll Hall of Fame and Museum last month, and punk rock impresario and Sex Pistols manager Malcolm McLaren died on April 8, 2010, at age 64. But the headlines stretch further into the home of the aforementioned Rock Hall as well. FUNKFEST festival wristbands 2012 will hit the city of Orlando to bring back Old School R&B, Funk, Old School Hip-Hop, Blues, Jazz and comedy. It will be in 2 day festival this coming March 30 and 31, 2012at precisely 5:00 in the afternoon, until 10:00 pm. The gates will be opened as early as 3:00 pm. This will be held at its best fitting venue, the historic stadium of Tinker Field.
BEIJING -- China will continue to waive on new energy vehicles (NEVs) for the next three years in its latest attempt to encourage green transportation, an official statement said Wednesday.
The tax incentive covers fully electric, hybrid and fuel-cell vehicles that have obtained sales permission in China, and the measure will be effective through the end of 2020, the Ministry of Finance said in an online statement.
This was an extension of an existing purchase tax waiver that was rolled out in 2014 as part of measures to reduce emissions.
The country will add new NEV models to the list of cars eligible for the tax exemption, as long as they meet a set of technical, quality, safety and efficiency standards.
Thanks to favorable government policies, including subsidies and tax incentives, China"s NEV market has seen rapid growth in recent years.
Sales of Chinese NEVs increased over 80 percent year on year in November to 119,000 units, data from the China Association of Automobile Manufacturers showed.
In the first 11 months, production and sales stood at 639,000 and 609,000 units respectively, up 49.7 percent and 51.4 percent from a year ago.