Press Release: Car taxation: The European Commission calls on Greece to apply a Court ruling on depreciation criteria used to determine the taxable value of used cars

Through a letter of formal notice under Article 228 of the EC Treaty, the European Commission decided to open a new infringement procedure against Greece regarding its car taxation law. Despite some modifications in the law and a recent European Court of Justice judgement, the Greek car tax legislation still continues to discriminate, in certain cases against the acquisition of second-hand cars from other Member States. The European Commission therefore requested that Greece modify the relevant provisions of its legislation which provide for the depreciation of value to be applied to second-hand passenger vehicles from other Member States in the determination of their taxable value. If Greece fails to comply with the letter of formal notice, the Commission may send a reasoned opinion to Greece before bringing the matter to the Court of Justice for a second time, seeking the imposition of a penalty payment.

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