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Government incentives for fuel efficient vehicles in the United States. The U.S. Energy Policy Act of 2005 established a federal income tax credit of up to $3,400 for the purchase of new hybrid vehicles, purchased or placed into service after December 31, 2005. [1] [2] Vehicles purchased after December 31, 2010 are not eligible for this credit.
Fleet vehicle. A fleet vehicle is a vehicle owned or leased by a business, government agency, or other organization rather than by an individual or family. Typical examples include vehicles operated by car rental companies, taxicab companies, public utilities, public transport, and emergency services . Many businesses purchase or lease fleet ...
An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.
President Joe Biden said Monday the U.S. government would replace the entire federal fleet of cars, trucks and SUVs with electric vehicles manufactured in the United States, a commitment tied to a ...
Travel booking is powered by Expedia Group’s White Label Template technology, giving members access to more than 900,000 properties, 500+ airlines, 100+ car rental companies and thousands of ...
Tesla Model X Long Range. $3,750 tax credit. Ford Escape PHEV. Jeep Grand Cherokee PHEV 4xe. Jeep Wrangler PHEV 4xe. Lincoln Corsair Grand Touring PHEV. Rivian R1S Dual-Motor Large Pack. Rivian ...
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