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Germany plans tax relief for EV

Discussion in 'Model S' started by Johann Koeber, May 27, 2012.

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  1. Johann Koeber

    Johann Koeber Member

    Joined:
    May 1, 2012
    Messages:
    870
    Location:
    Schweinfurt, Germany
    The German Government has proposed a tax relief package for EV and hybrid use as company cars. Non-Business use af a company car is currently taxed based on the MSRP of the car. This is considered unfair for EV granted they are more expensive in purchase price (because it includes the battery). The proposal gives EV users a credit of 500 Euros per kWh of battery capacity, up to a max of 20 kWh.

    This means, the maximum consideration will be 10.000 Euros taken off the model S purchase price, even for the smallest battery option (40 kWh). In many cases this will result in a tax deduction of 100 Euros off the monthly income, zero to 45 Euros off the tax bill.

    I wish they would be sensible and take the total cost of the battery into consideration.
     
  2. tdelta1000

    tdelta1000 Active Member

    Joined:
    Jul 19, 2009
    Messages:
    1,667
    Location:
    South Florida
    That's cool...another step towards an all electric future.
     

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