Brussels, 01/06/2010 (Agence Europe) - Company cars account for 50% of all new cars sold in the European Union. Research commissioned from Copenhagen Economics by the European Commission examines the way that member states use tax breaks to subsidise the use of company cars and also the impact this has on the budget, the environment and the economy. There is widespread reduction of taxation on company cars in the EU, amounting to lost tax revenue of €54 billion a year. These tax breaks...