Vehicle Taxation
Tax

Vehicle Taxation

If your company plans to purchase a new vehicle in 2024, the tax deductibility rules (CO2 emissions) that have been applicable since July 1, 2023, will continue to be in effect until December 31, 2025.

For a traditional or hybrid motor vehicle, the maximum deductible percentage will decrease each year according to the following rule:

  • 2024 : 100%
  • 2025 : 75%
  • 2026 : 50%
  • 2027 : 25%
  • 2028 : 0%   
  • For an electric motor vehicle, the deductible percentage remains at 100% until December 31, 2026.

And for an electric motor vehicle acquired from 2027 onward, the maximum deductible percentage will decrease each year according to the following rule:

  • 2027 : 95%
  • 2028 : 90%
  • 2029 : 82,5%
  • 2030 : 75%
  • 2031 : 67,5%

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