Australian industry leader Toyota renews its attack on the federal luxury-car tax, calling on politicians to abolish the levy, labeling it discriminatory and inefficient. The automaker speaks out after the Australian Tax Office announces the threshold was raised to A$61,884 ($58,513) on July 1, up from A$60,316 ($57,026) the previous financial year. Toyota Australia is passing the full cost savings to consumers resulting from the inflation-related increase in the threshold for the tax. As a ...

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