Toyota Australia senior executive director sales and marketing, David Buttner, said Toyota’s recommendation was in line with the 2010 Henry Tax Review.The LCT is a 33 percent tax on luxury cars. The tax applies to every dollar spent over $57,466, or $75,375 in the case of ‘fuel efficient cars’, which have a combined cycle fuel consumption of no more than 7.0 litres/100km. Vehicles that fall over the threshold include the Ford Territory TDCi, Holden Calais V8, Mercedes-Benz C-Class and the Subaru WRX STI.
