Green Car Congress
JUNE 27, 2019
In the 2019 budget, the Government of Canada announced rebates of up to $5,000 for consumers on the purchase of zero-emission vehicles. Businesses that buy zero-emission vehicles are also now eligible for a tax benefit estimated to be worth around $13,000 in the year they purchase the vehicles.
Teslarati
DECEMBER 17, 2021
This was hinted at in one of Musk’s recent posts on Twitter, where he joked that his “unrequited love” towards Vermont Senator Bernie Sanders was quite tragic. “Essentially, in the future, physical work will be a choice. ” Sanders then noted that his federal jobs guarantee would be a more viable solution.
EV Life
MAY 5, 2023
This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.
Green Car Congress
OCTOBER 20, 2014
Europe has gasoline taxes over $4 per gallon and still finds the need to adopt aggressive performance standards for cars to reduce GHGs and oil use. Currently, nine states have done so: Connecticut, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, Rhode Island, and Vermont. Minimum ZEV credit requirement. Model Year.
EV Adoption
NOVEMBER 26, 2021
For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Passage by the Senate is far from a certainty and will require all 50 yes votes including from conservative-leaning Democrat Senator Joe Manchin of West Virginia to the Independent Senator Bernie Sanders of Vermont.
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