Automotive Industry
Industry: Email Alert RSS FeedA tax reform worth having.(Opinion)(Brief Article)
Automotive News Europe, June, 2005
A Brussels initiative to harmonize car taxes across the European Union will face an uphill struggle with national governments that are keen to retain control of their own revenue generation.
That's a pity.
The EU's 25 member countries now have vastly different car-registration taxes. Danes can pay as much as 173 percent on top of the net price when they buy a car, Italians a mere 1 percent.
Without more harmonization, it will be difficult to create the level European playing field that consumers would like to see.
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Brussels also wants to bring the core taxes levied on car ...
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