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Wed 08 Aug 2008VRT on imports inflated

IMPORTERS OF second-hand cars to the Republic are missing out on millions of euro each year in vehicle registration tax (VRT) reductions, figures obtained from the Revenue Commissioners have revealed.

Reductions in VRT are available to those who successfully appeal the level of VRT calculated by the Revenue Commissioners, which are based on what the Revenue calculates to be the "open market selling price" of the vehicle in the Republic.

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