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1/30/2014

Automotive Fuel Vehicles

Automotive Fuel Vehicles INCENTIVES AND LAWS The main national incentives for the purchase or conversion of individual alternative fuel vehicles (AFVs) ar the national income tax deductions of $2,000-$50,000 for clean fuel vehicles, and the income tax credit of up to $4,000 for electric vehicles (EVs). An income tax deduction is also available for the installing of refueling or recharging facilities for AFVs. Except for the federal tax portion and deductions, most of the federal incentives atomic number 18 programmatic grants oriented toward large investments such as infrastructure and larger purchases. The lead federal agencies for AFV programs are the U.S. Department of Treasury (i.e., IRS), the U.S. Department of Energy (DOE), the U.S. Department of fare (DOT), and the U.S. Environmental Protection Agency (EPA). Federal Tax discount This is a deduction for clean fuel vehicles and certain refueling properties. A tax deduction for the purchase of a live ly original equipment manu...If you want to get a full essay, flip up it on our website: OrderEssay.net

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