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Cuba legalizes general purchase and sale of cars

Cuba legalized the sale and purchase of automobiles for all citizens on Wednesday, another major step in the communist run island's economic transformation and one that the public has been clamoring for during decades.

 

The government announced the move in April, but sales have been on hold until the measure was published into law in the Official Gazette. Under the law, which takes effect Oct. 1, buyers and sellers must each pay a 4 percent tax, and buyers must make a sworn declaration that the money used for the purchase was obtained legally. (AP)

 

 


פרסום ראשון: 09.28.11, 23:16