Hong Kong to introduce tyre tax

The Hong Kong Special Administrative Region’s (HKSAR) government is proposing that all new tyres are registered and taxed. A spokesman said that new car buyers will be required to pay an annual tax of HK$100 (11 Euro) for the five tyres on a car. The money will be used to buy and operate machinery to turn scrap tyres into rubber bricks, used to pave roads, and once the capital outlay for the machinery is recouped, the tyre tax will be lifted.