Company Cars
(2021) 1. p.580-583- Abstract
Company cars are commonly defined as cars given by an employer to an employee for the purpose of covering transport needs related to a specific job, such as to visit clients. However, company cars are commonly understood as a form of additional income, for instance in terms of opportunities to drive a specific (larger) car model, and because the car can also be driven privately or by family members. Private travel is often financed by employers, for instance when the cost of fuel is covered, and sometimes, associated expenses, such as private parking, are also reimbursed. Essentially, private benefits of driving a company car are not fully taxed, even though the majority of kilometers driven may be for private purposes, and company car... (More)
Company cars are commonly defined as cars given by an employer to an employee for the purpose of covering transport needs related to a specific job, such as to visit clients. However, company cars are commonly understood as a form of additional income, for instance in terms of opportunities to drive a specific (larger) car model, and because the car can also be driven privately or by family members. Private travel is often financed by employers, for instance when the cost of fuel is covered, and sometimes, associated expenses, such as private parking, are also reimbursed. Essentially, private benefits of driving a company car are not fully taxed, even though the majority of kilometers driven may be for private purposes, and company car choices also affect car model and fleet characteristics, mobility patterns, and driving behavior. Apart from very significant tax revenue losses, company cars also have a wide range of negative environmental outcomes, specifically with regard to climate change.
(Less)
- author
- Gössling, Stefan LU
- organization
- publishing date
- 2021
- type
- Chapter in Book/Report/Conference proceeding
- publication status
- published
- subject
- keywords
- Automobile, Car choice, Climate change, Company Cars, Environmental externalities, Subsidies, Tax revenue, Transport behavior
- host publication
- International Encyclopedia of Transportation : Volume 1-7 - Volume 1-7
- volume
- 1
- pages
- 4 pages
- publisher
- ScienceDirect, Elsevier
- external identifiers
-
- scopus:85151225509
- ISBN
- 9780081026717
- 9780081026724
- DOI
- 10.1016/B978-0-08-102671-7.10521-4
- language
- English
- LU publication?
- yes
- id
- 082371e3-eb21-4f49-9884-3c9435081baf
- date added to LUP
- 2023-05-30 10:11:10
- date last changed
- 2024-03-22 21:14:15
@inbook{082371e3-eb21-4f49-9884-3c9435081baf,
abstract = {{<p>Company cars are commonly defined as cars given by an employer to an employee for the purpose of covering transport needs related to a specific job, such as to visit clients. However, company cars are commonly understood as a form of additional income, for instance in terms of opportunities to drive a specific (larger) car model, and because the car can also be driven privately or by family members. Private travel is often financed by employers, for instance when the cost of fuel is covered, and sometimes, associated expenses, such as private parking, are also reimbursed. Essentially, private benefits of driving a company car are not fully taxed, even though the majority of kilometers driven may be for private purposes, and company car choices also affect car model and fleet characteristics, mobility patterns, and driving behavior. Apart from very significant tax revenue losses, company cars also have a wide range of negative environmental outcomes, specifically with regard to climate change.</p>}},
author = {{Gössling, Stefan}},
booktitle = {{International Encyclopedia of Transportation : Volume 1-7}},
isbn = {{9780081026717}},
keywords = {{Automobile; Car choice; Climate change; Company Cars; Environmental externalities; Subsidies; Tax revenue; Transport behavior}},
language = {{eng}},
pages = {{580--583}},
publisher = {{ScienceDirect, Elsevier}},
title = {{Company Cars}},
url = {{http://dx.doi.org/10.1016/B978-0-08-102671-7.10521-4}},
doi = {{10.1016/B978-0-08-102671-7.10521-4}},
volume = {{1}},
year = {{2021}},
}