A truck is a vehicle intended for transporting goods and is identified by the international category N. However, a passenger car, normally intended for primarily transporting people, can also be recognized as a truck if appropriately transformed, provided that the parameters established by current community and national regulations are met.
In Italy, a truck derived from a passenger car allows subjects with a VAT number to access tax benefits if the ratio between power (kW) and payload (T) is less than 180. In this case, and with appropriate use, the truck can be considered a “business asset”.
Tax Benefits of Truck Approval
- Reduced ownership tax (road tax) on some truck models
- 100% VAT deduction on vehicle purchase and management
GreenKar Innovation specializes in designing and transforming every car model (M1) into a truck (N1), subject to technical feasibility verification. The service includes approval and testing of a single specimen in compliance with current regulations, with management and issuance of certification for registering the vehicle as a fiscally deductible truck.