The Minister of Economy and Finance, Alex Contrerasreported that, in the next two weeks, the Executive Branch will present its own bill to promote electromobility before the Congress of the Republic.
During the issuance of his Economic Outlook, Contreras said that tax incentives will be issued that do not necessarily have to do with greater tax cuts. Currently, electric vehicles pay a rate of 0% ISC.
“We want to ensure electromobility with measures that are fiscally sustainable. There are limited incentives, but with a high impact, such as accelerated depreciation, VAT refund, scrap incentive, among others,” he said.
The head of the MEF explained that the axis for this conversion of the automotive fleet will be linked to a program to replace units with a certain age.
“Any policy that seeks to develop a sector has to be comprehensive. It is not enough to fill the country with cars, but also to seek incentives so that there is a process of substitution for more efficient vehicles. And we are also going to do this in the month of August “, the minister sent.
Previously, the MEF was very critical of some projects to promote electromobility presented in Congress, considering that they did not attack the substantive issues and only benefited high-income citizens.
Source: Larepublica
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