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Sales of compressed natural gas (CNG) and liquified natural gas (LNG) are surging in Texas, as measured by sharp increases in tax revenue from the alternative fuels, according to the state Comptroller's office.
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The Association of Car Fleet Operators (ACFO) has called for clarification of long-term company car tax rates in the UK's 2014 Budget.
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Virginia's state legislators voted Thursday to repeal a $64 annual license tax on hybrid vehicles that was imposed a year ago.
Read More →The Brazilian government stated it will gradually roll back tax breaks on cars 2014, amid worries from producers that higher duties could hit sales in the South American country.
Read More →Within the 2012 Taxpayer Relief Act, the maximum amount of Section 179 deductions has been changed and bonus depreciation extended.
Read More →The electric-car charger tax break for individuals and for businesses was not renewed by Congress, while the Department of Energy gives grants to companies to develop low-cost chargers, according USA Today.
Read More →The legislation extends through 2011 the 45 cent a gallon ethanol tax credit and a 54-cent tariff on imported ethanol.
Read More →Congress declined to include the credit as part of the $858 billion tax bill approved by the Senate on an 81-19 vote Wednesday. A House vote, without the green-car tax provision, is expected today.
Read More →The industry struggles as it waits for Congress to reinstate the biodiesel tax incentive, which was incorporated into H.R. 4213.
Read More →WASHINGTON - A $1-per-gallon biodiesel tax credit that expired Dec. 31 would be extended under legislation that passed the U.S. House of Representatives.
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