The House of Representatives and Finance Ministry are currently discussing a bill that would reduce fees for the licensing and registration of personal cars, an unnamed member of the House’s Budgeting Committee tells Daily News Egypt. The proposed law would reduce licensing fees to the equivalent of 0.25% of a car’s total price from 0.5% previously for vehicles with 1,330 cc engines or smaller, while engines up to 1,600 cc would see fees reduced to 0.5% of a the vehicle’s price. Engines larger than 1,600 cc would pay fees equivalent to 1.75% of car’s value. The bill would leave unchanged the 2.5% duty imposed on engines larger than 2,030 cc. There is pull within the committee to impose a fee based only on car price, irrespective of engine capacity, the MP told the newspaper.

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