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The tax horsepower or taxable horsepower was an early system by which taxation rates for automobiles were reckoned in some European countries such as Britain, Belgium, Germany, France and Italy; some US states like Illinois charged license plate purchase and renewal fees for passenger automobiles based on taxable horsepower.
The mechanical vehicle circulation tax (Impuesto sobre Vehículos de Tracción Mecánica or IVTM) is an annual tax. The tax is a municipal tax whose rate varies widely across the country. The tax is calculated according to the tax horsepower of the vehicle. In Madrid and Barcelona the rates for 2011 ranged from €22 for up to 8 HP to €224 ...
Tax or fiscal horsepower is a non-linear rating of a motor vehicle for tax purposes. [20] Tax horsepower ratings were originally more or less directly related to the size of the engine; but as of 2000, many countries changed over to systems based on CO 2 emissions, so are not directly comparable to older ratings.
The California excise tax on gasoline as of mid-2011 is 35.7 cents per gallon for motor fuel plus a 2.25% sales and use tax, 13 cents per gallon for diesel plus a 9.12% sales and use tax. [37] The California Department of Tax and Fee Administration provides an online list of sales taxes in the local communities of the state. [9]
On the Mercedes 24/100/140 PS the “24” defined the car's tax horsepower, used by the authorities to determine the level of annual car tax to be imposed on car owners. The “100” and the “140” both defined the manufacturer's claims regarding car's actual power output as defined in metric horsepower .
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The current regulations state that a kei car is a vehicle less than 3.4 m (11.2 ft) long, 1.48 m (4.9 ft) wide, 2 m (6.6 ft) high, with a maximum engine displacement of 660 cc (40 cu in) and maximum power of 64 PS (47 kW; 63 hp).
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