It highlights the work that national governments need to do before the European Union achieves a harmonised tax policy, but it is important to remember that the different tax systems do not prevent fleets from establishing pan-European company car policies.
Local taxes may mean the same car costs a different amount in each country and different balance sheet treatments might encourage a multi-national organisation to fund its fleet through operating lease in one market, finance lease in another and outright purchase in a third.
However, the guiding principles of a fleet policy can be the same on an international basis, from car choice lists to the strategic approach to in-house fleet management or outsourcing.' (Jonathan Manning, editor)
Countries covered: Finland, France, Germany, Greece, Hungary, Italy, Portugal, Spain, Sweden and the United Kingdom.
The guide considers such issues as VAT, vehicle tax, business tax, cross border transactions, stamp duties, wage tax and social security contributions, personal income tax, corporate income tax, benefit-in-kind liability in the pan-European fleet environment.