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Policies

Company Tax Exemption for Low-Carbon Vehicles

Source: International Energy Agency
Last updated: 27 November 2019

The "Taxe sur les véhicules de société (TVS) Tax is applicable to company-owned passenger cars. It takes into account two components. The first component is based on CO2 Emissions (or Horse Power for older vehicles), is calculated with a staggered approach and is exempted for vehicles <50g CO2 / km, and is therefore applicable to Battery Electric Vehicles, Electric Vehicles and Plug-in Hybrid Vehicles.

 

The second component is based on environmental impact and is also staggered, and much higher for (older) diesel vehicles

Want to know more about this policy ? Learn more (French)

Technologies