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Should VAT be tax-deductible for company cars?

Should VAT be tax-deductible for company cars?

Companies in the EU Member States should possibly be allowed to deduct their input VAT for cars, laptops, mobile phones and other movable assets that form part of their business assets but first it has to be made clear what impact this would have on the internal market, said Members of the EP Economic and Monetary Affairs Committee on Tuesday. Source : © European Parliament