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  • 16-03-2018

Yesterday, 15 March 2017, the House of Representatives adopted an act on the cash-for-car system. This system allows an employer to agree with an employee who benefits from a company car, on exchange of the car in return for a cash value calculated based on the list value of the vehicle. The amount received by the employee in return for the company car is not subject to regular social security contributions (however, a solidarity contribution is due by the employer) and benefits from favourable tax treatment.  

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