A used 2001 (2400cc) Toyota Ipsum may cost about $1,500 (Shs4m) or less in Japan but may attract a tax of $3,128 (Shs8.4m). URA insists that these rates are global and that is why they are revised after some months. FILE PHOTO 

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Why you pay more taxes on ‘newer’ used cars

Posted 1 day ago

Vehicle taxation is a bit tricky for an average person to understand. According to URA’s current validation guide, an Opel Zafira made in 2002 with 2200cc is charged $3,356 (Shs8.2m) and a Subaru Traviq (2002) with 2200cc is charged $3,051(Shs9m)...

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