EUROPEAN UNION Chapter prepared by Marc Greven (mg@acea.be) ACEA Avenue des Nerviens 85 B 1040 Brussels Tel : + 32.2.732.55.50 Fax : + 32.2.738.73.10 www.acea.be TAX GUIDE 14 EU
1 MOTOR VEHICLE TAXATION: EU SUMMARY 1.1 TAXES ON ACQUISITION Country VAT Registration Tax Austria 20% Belgium 21% Bulgaria 20% None Maximum 32% + bonus/malus Based on cc + age CO2 emissions (Wallonia) CO2 + Euro standards + fuel + age (Flanders) Cyprus 19% Czech Republic 21% None Germany 19% None Denmark 25% Estonia 20% None Spain 21% Finland 24% France 19.6% Greece 23% 105% of DKK 15,500 + 180% on the remainder From 4.75% (121 159g/km) to 14.75% (200g/km or more) Based on price + CO2 emissions Min. 5%, max. 50 % From 150 (131 to 135g/km) to 8,000 (above 200g/km) Based on cc + exhaust emissions 5% 50% Luxury tax up to 40% Croatia 25% Based on price + CO2 emissions Hungary 27% Based on cc+ exhaust emissions Ireland 23% 14 to 36% Italy 22% Based on kilowatt /weight/seats Lithuania 21% LTL 50 Luxembourg 15% None Latvia 21% Malta 18% Based on price, CO2 emissions, vehicle length The Netherlands 21% Based on price + CO2 emissions Poland 23% Based on cc 3.1% 18.6% Portugal 23% Based on cc + CO2 emissions Romania 24% Based on cc + exhaust emissions + CO2 Sweden 25% None Slovenia 20% Based on price + CO2 emissions Slovakia 20% Based on kilowatt United Kingdom 20% None TAX GUIDE 14 EU 2/6
1.2 TAXES ON OWNERSHIP Country Passenger Cars Commercial Vehicles Austria Kilowatt weight Belgium Cylinder capacity weight, axles Bulgaria Kilowatt Weight, axles Cyprus CO2 emissions NA Czech Republic None Weight, axles Germany CO2 emissions Weight, exhaust emissions, noise Denmark Fuel consumption, weight Fuel consumption, weight Estonia None Weight, axles suspension Spain Horsepower Payload Finland CO2 emissions/ Weight x days Weight x days France None Weight, axles, suspension Greece CO2 emissions/ cylinder capacity Weight Croatia CO2 emissions NA Hungary Kilowatt Weight Ireland CO2 emissions Weight Italy Kilowatt, CO2 emissions Weight, axles, suspension Lithuania None Weight, axles, suspension Luxembourg CO2 emissions Weight, axles Latvia Weight Weight Malta Cylinder capacity NA The Netherlands CO2 emissions, weight Weight Poland None Weight, axles Portugal Cylinder capacity, CO2 emissions Weight, axles, suspension Romania Cylinder capacity Weight, axles Sweden CO2 emissions/ weight Weight, axles, exhaust emissions Slovenia Cylinder capacity Weight Slovakia None Weight, axles United Kingdom CO2 emissions/ cylinder capacity Weight, axles, exhaust emissions NA : not available TAX GUIDE 14 EU 3/6
1.3 TAXES ON MOTORING Excise duties on fuels in /1,000 litres Country Unleaded Petrol Diesel Austria 515 425 Belgium 628 443 Bulgaria 363 330 Cyprus 479 450 Czech Republic 501 427 Germany 670 486 Denmark 602 451 Estonia 423 393 Spain 456 331 Finland 650 470 France 607 428 Greece 670 330 Croatia 454 349 Hungary 416 384 Ireland 587 479 Italy 728 617 Lithuania 434 330 Luxembourg 465 338 Latvia 411 333 Malta 509 422 The Netherlands 759 478 Poland 395 345 Portugal 586 369 Romania 383 352 Sweden 656 609 Slovenia 549 442 Slovakia 551 386 United Kingdom 674 674 EU minimum rates 359 330 Status : 1 January 2014 Source: European Commission TAX GUIDE 14 EU 4/6
1.4 FISCAL INCOME FROM MOTOR VEHICLES IN THE EU (*) AT BE DK DE ES FI FR GR IE IT NL PT SE UK DKK bn SEK bn bn 2011 2011 2011 2013 2013 2013 Purchase or transfer 1.VAT on vehicle sales servicing/repair, parts, tyres 2. Fuels & Lubricants 3. Sales & registration taxes Annual ownership taxes Driving license fees 2.510 6.060 N.A. 26.319 3.600 1.310 13.817 0.156 0.363 14.800 1.311 1.431 21.000 12.500 5.471 7.534 16.970 39.304 17.868 3.742 35.609 3.774 2.665 38.620 7.670 2.254 48.000 26.700 0.507 0.408 13.800 0.310 1.008 2.117 0.052 0.478 1.370 1.495 0.432 1.773 1.512 9.872 8.991 2.886 0.706 1.157 1.304 1.155 6.350 3.592 0.506 12.000 5.880 0.007 0.010 0.062 0.306 Insurance taxes 0.310 0.934 1.757 3.786 0.600 0.299 4.373 4.620 0.403 2.800 Tolls 1.622 0.370 10.542 1.730 0.800 Customs duties 0.535 0.028 Other taxes 0.290 0.759 1.010 0.390 1.624 0.055 5.600 2.864 0.196 4.200 1.500 TOTAL 12.483 17.214 42.769 79.995 24.354 7.065 69.239 5.341 4.661 72.730 17.641 4.846 88.800 46.580 EURO 12.5 17.2 5.7 80.0 24.4 7.1 69.2 5.3 4.7 72.7 17.6 4.8 10.0 55.8 GRAND TOTAL = 387 bn (*) Latest available data; no data are available for other EU Member States TAX GUIDE 14 EU 5/6
1.5 EURO EXCHANGE RATES (13 MARCH 2014) Currency Exchange rate DKK Danish Krone 7.4635 GBP Pound sterling 0.83545 SEK Swedish krona 8.8495 CHF Swiss Franc 1.2160 ISK Iceland krona NOK Norwegian krone 8.2575 BGN Bulgarian lev 1.9558 CZK Czech koruna 27.355 HRK Croatian kuna 7.6595 HUF Hungarian forint 311.70 LTL Lithuanian litas 3.4528 LVL Latvian lats 0.7012 PLN Polish zloty 4.2231 RON Romanian leu 4.5059 TRY Turkish lira 3.1030 USD US dollar 1.3942 JPY Japanese yen 143.30 KRW South Korean won 1,488.44 CNY Chinese yuan renminbi 8.5566 RUB Russian rouble 50.8100 BRL Brazilian real 3.2680 INR Indian rupee 85.2972 TAX GUIDE 14 EU 6/6