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InsideEVs
InsideEVs
Technology
Steven Loveday

US Treasury Says Commercial EV Tax Credit Applies To Consumer Leases

US Treasury United States US Treasury Department

According to the US Treasury Department, new EVs leased by consumers beginning January 1, 2023, may be eligible for as much as $7,500 in "commercial" tax credits. This apparently allows EVs assembled outside of North America to qualify. However, to be clear, there have been no changes to the original guidance related to the assembly requirements.

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