July 17, 2013

Toyota Australia backs industry fears for tougher fringe benefits tax impact on new car market

"Toyota (Australia) has backed industry fears that tougher rules on fringe benefits tax (FBT) will have a major impact on the new car market...commercial vehicles such as the Toyota Highlux...are high profitable vehicles, made in Thailand and imported on favourable terms under a free trade agreement"

Source: Rules will drive away sales: Toyota
By Claire Stewart
Australian Financial Review
Wednesday 17th July, 2013, page 8

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