Senate tax plan leaves electric-car purchase credit in place

Green Car Reports

income-tax credit for purchase of an electric car took a new turn on Thursday. HR1, the draft Tax Cut and Jobs Act introduced in the House of Representatives, would end the credit as of December 31. Senate version of the tax-reform bill introduced late Thursday, however, retains the credit. Politics senate tax credit taxes plug-in carsThe battle over early termination of the U.S.

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Draft tax bill eliminates credit for all electric-car buyers: report (updated)

Green Car Reports

The process of drafting a so-called tax reform bill has been shrouded in mystery, with even Republican congressmembers admitting they didn't know what provisions it would contain. But according to a report on Thursday, the draft of the Tax Cuts and Jobs Act proposed in the House of Representatives on Thursday immediately eliminates the income-tax. Politics rebates incentives tax credit taxes plug-in cars

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Oklahoma Supreme Court rules state's electric-car tax unconstitutional

Green Car Reports

In a 6-3 decision, the state's highest court struck down the bill as an unconstitutional tax. tax lawsuit United States plug-in cars Battery Electric Vehicle (BEV When the Oklahoma Legislature passed a bill earlier this year that imposed new fees on owners of hybrid and electric cars only, it was swiftly sued by the Sierra Club. Now the Oklahoma Supreme Court has rendered its verdict in that suit, filed in August.

Everything you need to know about the 2017 road tax changes

Green Cars News

As 2017 looms ever closer, many motorists may be concerned about the incoming changes to road tax bands and how it will affect their pockets. Environment Road tax TaxSet i.

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Tax Credit For Hydrogen Fuel-Cell Vehicles Extended By Budget Deal

Green Car Reports

It included the renewal of a home-refueling tax credit that covers electric-car charging stations, a provision for installing charging stations at government facilities, and other relevant items. zero emissions hydrogen incentives tax credit hydrogen fuel cell transportation policyThe recently-passed Congressional transportation-funding bill contained many positives for electric-car advocates.

CA Bill Gives Tax-Free Delivery To Out-Of-State Tesla Buyers

Green Car Reports

A bill passed by the California State Senate two days ago allows out-of-state car buyers to take delivery of their electric cars in California without paying any sales tax. Politics sales dealers California Fremont tax Tesla Motors plug-in cars state lawsWell, this might upset a few martini glasses at National Automobile Dealers Association social events.

Why Higher Gas Taxes Would Have Been Best Way To Save Fuel

Green Car Reports

political landscape: You just can't come out and advocate for higher taxes. DON'T MISS: Low Gas Price An Opportunity For Higher Gas Tax? Politics CAFE Fuel Economy taxes Gas Tax transportation policy Corporate Average Fuel EconomyIt's now a widely-accepted tenet of today's U.S. For any purpose, under any circumstances, no matter what the end purposes. Any politician who does so will be punished by voters. Not A Chance Two recent articles.

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Government takes aim at salary sacrifice in tax policy consultation

Green Cars News

It looks like the Tories are trying to take down certain salary sacrifice schemes as part of a set of wholesale tax changes that could have a signific. Tax Salary sacrifice cars Leasing

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Even California imposes new fee on electric cars in lieu of gas taxes

Green Car Reports

California Gas Tax state laws transportation policyLast week, the California state legislature approved a $52 billion transportation-funding package. Unlike the practice in previous years, this one is to be used only for improvements to the transportation infrastructure, to begin cutting into an estimated $ 130 billion backlog of repairs and expansions. As a result of the new bill, owners of.

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Company car drivers face potential back-tax demand

Green Cars News

Company car-driving employees have been warned they could be subjected to demands for back tax from HM Revenue and Customs following this year’s introduction of complex Optional Remuneration Arrangements (OpRA) rules

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Insult To Injury? GA Kills Electric-Car Incentive, Adds Last-Minute Luxury-Car Tax Break

Green Car Reports

As feared by advocates, last week Georgia passed a highway-funding bill that killed its $5,000 income-tax credit for purchase of a battery-electric vehicles. Green Georgia Manufacturing Politics incentives plug-in cars state laws tax credit It hasn''t been a particularly good year so far for electric-car purchase incentives. Illinois suspended its own rebates to close a gaping budgetary hole, and Texas may do the same. DON''T.

11 states assessing fees on EV owners in lieu of traditional fuel taxes

Green Car Congress

Eleven states currently assess fees on electric vehicle owners in lieu of traditional fuel taxes, according to the US Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE).

UK tops chart for using green taxes to promote change

Green Cars News

The UK has been named as one of the best for driving sustainable changes by adapting tax regimes, according to a new survey by KPMG. We join the US, Japan, France, South Korea and China as some of the best countries for encouraging environmentally-considerate behaviours through taxes.

Ending tax credits would kill electric-car market, Edmunds says

Green Car Reports

The electric-car market may be in for a serious downturn when current federal tax incentives end, assuming the Trump administration declines to extend them, according to a new analysis. In 2010, the government began offering tax credits of $2,500 to $7,500 to the first 200,000 U.S. incentives tax credit plug-in cars

API releases latest report on US and state fuel taxes

Green Car Congress

The American Petroleum Institute has released its January 2014 update report and maps on gasoline and diesel taxes for all 50 states in the US along with a national average; the information is updated quarterly. Gasoline taxes, January 2014. Diesel taxes, January 2014.

What is a carbon tax and how would it work? A primer

Green Car Reports

Such a "carbon tax" is enthusiastically supported by many advocates of greater action on climate change—including Tesla CEO Elon Musk—as an effective way to reduce emissions by putting an economic cost on them. Carbon Footprint emissions global warming energy policy climate change taxes carbon dioxide electric utilitiesOne new policy measure that could get companies to cut their carbon emissions is to put a price on those emissions.

President Obama proposes 50% increase in spending on clean transportation, funded by $10/barrel tax on oil

Green Car Congress

The Obama Administration says the the $10/barrel tax raises the funding necessary to make these new investments, while also providing for the long-term solvency of the Highway Trust Fund. President Obama has laid out a plan for building a “21st Century Clean Transportation System”, the investment for which would be funded by a new $10 per barrel fee on oil paid by oil companies, which would be gradually phased in over five years.

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Singapore levies carbon tax on used Tesla for electricity to recharge it

Green Car Reports

A businessman and electric-car fan who imported a Tesla Model S into Singapore has had to pay an additional emission tax on the zero-emission luxury car. While the Tesla runs solely on batteries and has no tailpipe from which to emit anything, the island state levied the tax to reflect the annual carbon-dioxide emissions of the electricity used to. Carbon Footprint emissions tax Tesla Motors electric utilities plug-in cars Singapore

Why to buy that electric-car charging station (or electric motorcycle) this month

Green Car Reports

Politics incentives tax credit taxes plug-in cars Charging station EVSE Donald TrumpWith any new presidential administration comes a certain degree of legislative uncertainty. Conflicting statements on many issues by president-elect Donald Trump have produced more questions than usual about what policies he and his administration may pursue. But for present and future electric-car owners considering the purchase of a home.

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US Senator introduces legislation to allow employers to provide pre-tax transportation benefits for EV drivers

Green Car Congress

US Senator Sherrod Brown (D-OH) has introduced new legislation ( S.3450 ) to allow employers to give workers with electric cars access to the same pre-tax transportation benefits many workers receive for traditional forms of transportation like public transportation allowances, parking fees, and public transit passes. Employers would be able to give up to $250 per month in electric charging benefits without employees being taxed, making their benefit packages more competitive.

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Japan extends ‘green car’ tax breaks

Green Cars News

Japan has extended its tax breaks for ‘green cars’ until 2015, in a effort to support its struggling domestic car industry. Green credentials break emissions green car japan low emission taxFuel-efficient and low emission cars, including many hybrid and electric cars will now benefit from the continuation of customer incentives now extended for another three years, having previously been scheduled to end next April. [.].

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California Bill Would Slash Sales Tax On Greenest New Vehicles

Green Car Reports

The California Legislature is considering a bill that would cut the sales tax on green cars in the state by more than half. It calls for reducing the sales tax on battery-electric cars, plug-in hybrids, and hydrogen fuel-cell vehicles to 3.06 percent, compared to the current 7.5 percent. ALSO SEE: Six California Electric-Car Bills Signed By

Electric-Car Charging-Station Tax Credit Expires On Dec 31st

Green Car Reports

More specifically, at least, you''ll have to get it up and running by December 31 this year in order to take advantage of a Federal income-tax credit of 30 percent of the cost of purchase and installation. Consider this your last warning: If you''re planning on getting a charging station for a plug-in electric car, you only have 30 days.

Georgia Electric-Car Sales Plummet After Incentive Replaced By Tax

Green Car Reports

The Peach State previously had one of the most generous incentive programs for new electric-car purchases, offering up to $5,000 in income-tax credits to electric-car buyers. Electric-car buyers in Georgia have seen their prospects change dramatically over the past few months. But earlier this year, legislators killed that incentive program. DON'T. sales incentives Georgia plug-in cars state laws transportation policy

60% of $18B in US clean energy tax credits 2006-2012 went to top 20% by income; 90% in the plug-in program

Green Car Congress

A working paper by a team at the Energy Institute at Haas, University of California, Berkeley, has found that 60% of the $18 billion in US federal income clean energy tax credits issued between 2006 and 2012—e.g., Average credit per tax return, by income level.

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DOE: US gasoline taxes dropped below 20% of total price in 2015

Green Car Congress

Fuel taxes in the United States in 2015 accounted for 19% of the price of a gallon of gasoline, down from just under 30% in 1990, according to figures compiled by the US Department of Energy (DOE). Japan’s gasoline taxes were nearly half of the price in those years.

How Tesla could keep some tax incentives for Model 3

Green Car Reports

That's because Tesla is pushing closer to the 200,000-unit cap that triggers a phase-out of the $7,500 Federal tax credit for electric cars. Tesla's success so far in selling its Model S and Model X electric cars—and attracting reservations for the Model 3—is good news for the company, but not necessarily for Model 3 customers. incentives plug-in cars Tesla Model 3

Indiana too slaps electric cars with $150 fee for not using gas

Green Car Reports

Michigan is now adding fees for electric cars, as well as plug-in hybrids and battery-electric cars, because they don't burn enough gasoline to generate the same state tax revenue as other vehicles. Politics taxes Gas Tax registration plug-in cars Indiana state lawsIndiana may soon follow Michigan in implementing fees for electric cars, with the stated goal of helping to pay for road repairs.

Fight To Watch: Georgia Plans To Alter Electric-Car Tax Credit

Green Car Reports

That''s due to a $5,000 Georgia state tax credit for the purchase of a battery-electric vehicle, which can be used to cut state income-tax liability over one, two, or three years. Over the last two years, the metropolitan Atlanta area has become one of the single best sales regions for the Nissan Leaf electric car.

IL Suspends Clean-Car Rebates; GA Tax Credit In Trouble Too; Texas Next?

Green Car Reports

State tax credits and purchase rebates have proven effective in kickstarting the early market for plug-in electric cars and other green vehicles. Green Georgia Illinois Texas incentives plug-in cars rebates state laws tax credit But they don''t last forever, as buyers in Illinois and Georgia are learning; the Ilinois program has been suspended, and Georgia seems likely to kill off its program as well. Then there''s Texas, where a.

NJ dedicates all gas tax revenue to transportation infrastructure

Green Car Reports

Critics of electric cars often use the argument that, because electric-car drivers don't pay gas taxes, they don't contribute their fair share of road-maintenance costs. But state gas-tax revenue don't necessarily go toward funding infrastructure, or at least not all of it. Infrastructure Gas Tax transportation policy New Jersey

Tesla Model S P85D Torque, Georgia Electric-Car Tax Credit, Chevy CrossVolt: Today's Car News

Green Car Reports

Today we learn just how much torque the Tesla Model S P85D electric car produces, survey the ongoing fight over Georgia''s electric-car tax credit, and consider what the renewal of the CrossVolt trademark means for Chevy''s future electric-car lineup.

GM, Nissan push to retain EV credit; tax bill also targets renewables, helps nuclear energy

Green Car Reports

The United States tax code hasn't seen a major overhaul in decades, and the current Congress—along with the Trump administration—may be learning, or re-learning, why. Numerous opponents have moved swiftly to condemn various aspects of the draft Tax Cuts and Jobs Act (HR1) proposed in the House of Representatives, released last. General Motors incentives tax credit plug-in cars Incentives and Rebates

Biofuel tax emption to be placed under review

Green Cars News

Tax exemptions for biofuels in Sweden are under threat after the Swedish National Audit Office began a review of the scheme with the results to be published in 2011. Originally Sweden had made biofuels in transport and liquid biofuels exempt from energy and carbon tax in an attempt to increase the share of biofuels in transport [.]. Tags: Biofuels Green cars Latest news biofuel tax exemption ethanol fuel ethanol use National Audit Office sweden tax on biofuels

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When Do Electric-Car Tax Credits Expire?

Green Car Reports

By now, pretty much anyone who''s thinking of buying a plug-in electric car knows the Federal government offers an income-tax credit to help reduce the effective cost. But are shoppers who wait too long in danger of losing out on these credits? The short answer is no. Or at least, not if they buy within the next two or three years. Unlike a

State fees, penalties on electric cars proliferate this year

Green Car Reports

The fees are typically meant as a substitute for the gasoline taxes that, because they don't buy gas, electric-car owners don't pay. government taxes Gas Tax plug-in cars state laws transportation policySeveral different states have continued to propose new fees for electric-car owners as a way to pay for road repairs. Advocates have criticized these fees, saying they effectively penalize drivers for reducing.

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12-Cent Rise In Federal Tax On Gas, Diesel Proposed By Pair Of Senators

Green Car Reports

First, raising taxes--in any way, for any purpose, under any circumstances--is virtually impossible. Highway Trust Fund is broke, because the Federal gasoline tax hasn''t been raised in two decades and continually improving fuel economy means Two facts sit in opposition to each other in Washington, D.C., and have for many years. Second, the U.S.

Virginia Sees Sense, Scraps 2013's Hybrid Vehicle Tax

Green Car Reports

Taxes are rarely popular, but if they''re to be accepted by the populace the bare minimum they have to do is make sense. Virginia''s annual tax on hybrid vehicles did not make sense. Proposed and enacted early last year, the tax added a fixed yearly sum to the cost of running a hybrid vehicle, in an effort to make up a gas tax shortfall.

Michigan socks hybrid owners with new fees—that don't apply to most hybrids

Green Car Reports

Michigan taxes Gas Tax registration state lawsThe state of Michigan, to help pay for road repairs, decided more than a year ago to hit owners of hybrids and electric cars with additional fees starting this January 1—on top of higher registration rates for all cars. The new fees have been added to the registration bills for hybrids, plug-in hybrid, and battery-electric cars because they.

China Decides Electric Cars Are Important Enough To Waive Tax On Their Purchase

Green Car Reports

After a slow start, electric cars could take another step forward in China as the country decides to waive its 10 percent purchase tax on the vehicles. It''s the latest effort by the country''s policymakers to address China''s pollution and energy independence issues. Electric car sales have been abysmal in China while those in the U.S, Europe and