The Belgian government is putting up taxes on company cars in a package that will bring in around €200 million a year.
Large company cars will now be taxed by up to €1000 a year more than they are now. The move follows a campaign by NGOs calling for changes to the tax regime for company cars, which also called for an end to subsidies for biofuels, higher taxes on diesel, and a rise in registration taxes.
Lessons from EU funding in Central and Eastern European countries
Global competitors are bold in pursuing their industrial futures, and so should the EU.
A T&E note outlines why allowing fuels – synthetic or bio – in cars makes no environmental, economic, or industrial sense.