Taxfreecar.com: Information Label Dutch Tax Free Cars

HEERHUGOWAARD, The Netherlands, May 19, 2011 /PRNewswire/ -- Dutch law allows cars registered on or after October 16th 2006 to be exported free of Dutch luxury tax to any country in the EU plus Liechtenstein, Norway and Iceland. Information label Taxfreecar.com now provides information in 11 languages about the Dutch legal situation and the range of used cars eligible for this tax rebate. Thanks to this legislation, Dutch net car prices are among the lowest in Europe. Taxfreecar.com is an initiative of VWE (Dutch bureau for vehicle documentation and information) in order to stimulate export of Dutch used cars.

Besides the BTW (VAT) that is levied at a rate of 19% on new and used vehicles, the Netherlands imposes an extra tax based on the net list price called BPM (luxury tax of 45.2% in 2006). In order to align with EU policy, the Dutch government has introduced an export tax rebate scheme for BPM tax. The amount of tax rebate is calculated based on the age of the car in combination with a fixed depreciation table. Detailed information can be found on http://www.taxfreecar.com.

VWE expects that in 2011 75.000 cars will be exported from the Netherlands that are eligible for tax rebate. That is three times as much as in 2010. VWE expects that the total number of cars that will be exported from the Netherlands will be 215.000 at the end of 2011 which is 8,9% higher than in 2010.

VWE is an independent organisation that provides services for the motor vehicles trade and related parties. VWE is an RDW information provider, RDW communication provider, customs agent, insurance agent, customs software provider and manufacturer of number plates. Over the years VWE has built up strong national and international ties with authorities and organisations involved in this specific sector. VWE is located in Heerhugowaard, The Netherlands.

See http://www.vwe.nl or http://www.taxfreecar.com.

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SOURCE Taxfreecar.com