Russians chop cars in half to skirt import taxes

Life in the Second World means learning how to deal with bizarre taxes. One of the ways to get around the extortionate vehicle import duties common in many post-Soviet countries is to have your car chopped in half. An Audi sliced clean down the middle is suddenly not an Audi but two heaps of parts. » 8/05/11 12:30pm 8/05/11 12:30pm

Treasury Announces Further Tax Deductions For 2009 Car Buyers

The U.S. Department of Treasury today announced a tax deduction for the purchase of new motor vehicles is available in states that don't have a sales tax. The deduction's limited to fees or taxes paid up to $49,500. » 6/11/09 2:45pm 6/11/09 2:45pm