Cuba legalises car sales
09:44 AEST Thu Sep 29 2011
Paul Haven
Cuba has legalised the sale and purchase of cars for all citizens, another major step in the communist-run island's economic transformation.
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 per cent tax, and buyers must make a sworn declaration that the money used for the purchase was obtained legally.
Unrestricted sales had previously been limited to cars built before the 1959 revolution, one of the reasons Cuba's streets are about the only place on the planet one routinely finds a multitude of finned American classics from the 1950s such as Chevrolets Bel Airs and Chrysler Imperials, all in various states of disrepair.
Doctors, athletes, artists and others sent abroad on official business were allowed to bring cars back or purchase a boxy, Russian-made Lada or Moscovich from the state.
Some senior workers were given company cars, though gas usage is strictly monitored to make sure they are only driven for work purposes.
con't...
more: http://news.ninemsn.com.au/world/835340 ... -car-sales
WOW - who says communism isn't great!


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