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Gasgoo.com (Shanghai May 21) - Recently rumors of impending taxes on luxury vehicles have been appearing across the Chinese media. In a report appearing the Nanfang Daily today, an anonymous official from a German luxury car manufacturer confirmed the rumors, but was unable to provide detailed information regarding when such taxes will be implemented. "The Ministry of Finance, State Administration of Taxation and other relevant departments are currently in the process of researching [the policies]," the source commented.