Company Tax Benefits - Tax Incentive for EV/PHEV

Until the end of 2019, the deductibility rate from corporate income of expenses related to the use of company cars is:

 

• 120% for zero-emissions vehicles
• 100% for vehicles emitting between 1 and 60 g/km of CO2
• Above 60 g/km, the deductibility rate decreases gradually from 90% to 50%.

From 2020 onwards, battery electric vehicles will be 100% deductible and the specific taxation scheme of company-owned Plug-in Hybrid Electric Vehicles is also expected to change.

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