Tax rebates to continue for efficient appliances - News Summed Up

Tax rebates to continue for efficient appliances


Tax rebates to continue for efficient appliancesStaff writer, with CNAA proposal to extend tax rebates on energy-saving home appliances for another two years has been approved by the Cabinet and is to be submitted to the legislature for review, Executive Yuan spokesman Lo Ping-cheng (羅秉成) said yesterday. If lawmakers approve the amendments to the Commodity Tax Act (貨物稅條例), the incentives would continue until June 14, 2023, allowing a rebate of up to NT$2,000 (US$70.09) on new refrigerators, air-conditioners and dehumidifiers if they meet energy efficiency standards, Lo told reporters. A model poses with air-conditioners at an event in Taipei on May 31, 2018. Photo: Wu Pei-hua, Taipei TimesThe continuation of the incentives, which were introduced in June 2019, would encourage more people to buy energy-efficient appliances, the ministry said. If the incentives are extended, refunds can be claimed by people who buy appliances that reach the “level 1” or “level 2” energy efficiency standards specified in a Bureau of Energy rating system.


Source: Taipei Times April 01, 2021 15:56 UTC



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