Taxation related to company cars is a crucial issue for many companies; in order to provide a comparative picture of the treatment of costs and value added tax related to vehicles used for social activity we publish this article from Italia Oggi where a comparative analysis of the main EU countries is reported.

We specify that lail Tax treatment of vehicle leasing in Romania as in other EU countries favors the use of company cars by allowing the deductibility of costs and VAT deductibility to the extent of 50% but without any spending limit (unlike the much more restrictive Italian legislation).