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Some companies, such as AutoTT, offer what is known as a short term car lease in Europe. This product aims to provide a car lease free of VAT to non-european residents, the car being registered under the customer's name. The program is 50 years old and started with the French car makers Renault, Peugeot and Citroën.
Cross-border leasing is a leasing arrangement where lessor and lessee are situated in different countries. [ 1 ] [ 2 ] [ 3 ] This presents significant additional issues related to tax avoidance and tax shelters .
Mobilize is a business unit of the French car manufacturer Renault established in 2021 and it is mainly specialized in mobility-related services. [2] It focuses on subscription services, leasing, loans, data, and energy management, offering Mobilize-badged vehicles for car sharing and delivery services.
Overall customer satisfaction is independently measured at 98%. In autumn 2015 Motability Operations was judged by the Institute for Customer Service to offer the 'highest customer service in the UK'. [10] Around two-thirds of Motability's customers drive their own vehicle, but non-drivers can get a car as a passenger.
Buyers can get federal tax credits for EV models not on the list allowed by the Inflation Reduction Act—if they lease them.
Auto Europe has been owned by Court Square Capital Partners since 2006. [2] International car rental is the main service sold by Auto Europe. In addition to traditional self-driven rental cars, Auto Europe books luxury and sport vehicles, motorhome and campervan rentals, European Leasing, as well as chauffeur and airport transfer services. [3]
With a direct presence in 42 countries and with top 3 positions in 26 countries, ALD Automotive is ranked #3 worldwide and #1 in Europe by number of contracts under management and excluding OEM captives as at 31 December 2017 with around 1.5 million full service vehicle leasing and fleet management service contracts.
An Irish Section 110 special purpose vehicle (SPV) or section 110 company is an Irish tax resident company, which qualifies under Section 110 of the Irish Taxes Consolidation Act 1997 (TCA) for a special tax regime that enables the SPV to attain "tax neutrality": i.e. the SPV pays no Irish taxes, VAT, or duties.
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