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Wed 08 Aug 2008Revenue: no plans to alter VRT on imports
THE REVENUE Commissioners has said it does not intend to adjust the way it calculates Vehicle Registration Tax (VRT) on second-hand cars that Irish residents import into the Republic, until the motor industry here advises it to do so.
Revenue calculates the amount of VRT payable on foreign-registered cars that are being imported, based on the Open Market Selling Price (OMSP) of a similar vehicle in the Republic.
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