Auto
0

Capital Gains Tax Law Could Help Eliminate Brokers From Car Market

The correct implementation of capital gains tax law could eliminate brokers from the car market and benefit real customers, but the passage of the law alone cannot solve the automotive industry’s challenges
Capital Gains Tax Law Could Help  Eliminate Brokers From Car Market
Capital Gains Tax Law Could Help  Eliminate Brokers From Car Market

An expert believes that the correct implementation of capital gains tax law could eliminate brokers from the car market and benefit real customers, but the passage of the law alone cannot solve the automotive industry’s challenges.
Some experts, however, believe that at a time when inflation has crossed 50% and the foreign exchange market remains highly volatile, this law cannot restrain the car market brokers.
According to Daryoush Badiee-Sabet, a trade expert, the capital gains tax in the car and housing markets can cause brokers to leave the automotive market, but the question is whether this law will benefit low-income deciles in the current economic condition, the Persian automobile daily Donyaye Khodro reported.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com