Belgium speeds up ‘greening’ of company cars
The Belgian parliament has reached a deal to abolish the preferential tax treatment for company cars running on fossil fuels by 2025. From then, fiscal benefits will only apply to company cars that are 100% emission-free, writes the Flemish business daily De Tijd.
The deal has been approved by a one-off coalition including both liberals and greens. Other parties oppose the timing of the proposal, considering the hardship imposed by the corona crisis. It remains to be seen whether the agreement will survive subsequent votes in the chamber.
Pictured: Porte de Namur in Brussels (Shutterstock)