Financial disincentives to car ownership
Singapore: Financial disincentives to car ownership
The Ministry of Finance has levied a steep import duty on vehicles. The Land Transport Authority collects a heavy registration fee and an additional registration fee (ARF) for each vehicle registered in Singapore, as well as the annual Road Tax, which increases proportionate to the size of the vehicle’s engine, penalizing owners of larger capacity, higher polluting engines.
Date Implemented: 1970s
Status: In Force; Mandatory
References: A Case Study on Urban Transportation Development and Management in Singapore
Delicious
StumbleUpon
Reddit
Magnoliacom
Facebook