Non-discriminatory Market Policies Represent the Core of the Single EU Marketplace, Allowing Development of Domestic Legislation in Compliance with EU Standards
This study provides an overview of EU taxation policies within the 28 member states and explains the main principles of a non-discriminatory nature of taxation regulations within the common economic space of the European Union. It illustrates the domestic taxation regulations of each EU member state, by providing a description of taxation bases on acquisition of a car (e.g., VAT and registration tax) and ownership-related taxes (e.g., circulation tax). The analysis also presents a comparison between taxation on new and used passenger vehicles in the EU as well as provides case studies of evolution of taxation regulations and its impact on the automotive markets in Poland and Romania after their accession to the Union. The base year of the study is 2016, with historical overview from 2001 (unless other time frames are provided). The vehicle types covered in the report are passenger vehicles (PV).
Research Scope
The aim of the study is to provide an overview and understanding of the vehicle taxation principles in the European Union as a common economic area. This report outlines the taxation frameworks for imported passenger vehicles within EU member states and suggests appropriate growth strategies for participants involved in the automotive market in the European Union.
Research Highlights
- Explain the EU vehicle taxation framework and its principles
- Identify methods of vehicle taxation in member states of the EU
- Define key types of taxes consisting of the EU vehicle taxation regulations (e.g. registration tax, circulation tax, VAT) and basis of their calculation in every member state
- Analyse development of automotive markets of recent EU members - Poland and Romania
- Investigate impact of the EU taxation policies on the recently joined member states and identify evolution patterns of these automotive markets, while providing a before-and-after analysis of the state’s accession to the EU
- Develop recommendations and outline growth opportunities for participants functioning in the vehicles sales sector within the EU
Key Issues Addressed
- What are the key principles and challenges of the European Union’s taxation framework?
- How are taxation regulations being developed in particular countries belonging to the EU?
- How have the Polish and Romanian automotive markets been developing over time, prior to accession to the EU and what changed after the countries joined the Union?
- What are the regulations of new and used vehicle taxation in the EU?
- What are the potential growth strategies for the used vehicles market in the European Union?
