Company car tax: new CO2 scale and new pollutant component rates
The 2018 Social Security Financing Act amends the company vehicle tax (TVS): the CO2 component becomes a progressive per-gram rate (from €0 up to 20 g/km to €29 above 250 g/km) and the pollutant component is set by year of first registration and engine type (petrol €70 to €20, diesel €600 to €40). For hybrid vehicles, the temporary exemption threshold is lowered from 110 to 100 g/km, electric-diesel hybrids are excluded, and its duration goes from 8 to 12 quarters.
Measure originators
A positive amount is revenue or savings for public finances; a negative amount is a cost or lost revenue.
Measure impact
Companies using passenger cars: average increase of about €28 per vehicle according to the impact assessment, for tax periods starting from 1 January 2018. Additional revenue estimated at €112m in 2018 for the family branch.
Official references
Sources
Procedure timeline
Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.
Administrative implementation
Entrée en vigueur de la mesure et mise en œuvre par l'administration
President of the Republic signature
Publication au Journal officiel
Possible referral to Constitutional Council
Décision de conformité / censure partielle
National Assembly has the final say
Si échec CMP
Joint committee
Désaccord éventuel
Debate and vote
Debate and vote
Débat et vote en séance publique à l'Assemblée nationale, ou engagement de la responsabilité du Gouvernement (article 49.3)