Lease Buyout Offers Loophole to EV Incentive Restrictions
EV Life
OCTOBER 21, 2023
The most significant incentive, outlined in the Inflation Reduction Act of 2022 , comes in the form of a $7,500 tax credit for eligible drivers and vehicles. Two sections of the law, 30D and 45W, detail individual tax credits and commercial tax credits, respectively. However, there’s a catch. But here’s the good part.
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