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.