Plus, the tax credit for bigger trucks is worth more money — up to $40,000 in contrast to the $7,500 maximum for passenger cars and smaller commercial electrics.
The tax break is available to business owners who buy an electric vehicle or electric "mobile machinery,"The vehicle must be subject to a depreciation allowance — meaning it's for business use,"If you had a flower shop, for example, and you want to get flower-delivery vehicles, you buy a bunch of vans, you'd be the one claiming the tax credit," Malmgren said.
If you had a flower shop, for example, and you want to get flower-delivery vehicles, you buy a bunch of vans, you'd be the one claiming the tax credit.Medium- and heavy-duty trucks "are the fastest-growing fuel users and greenhouse gas producers in the United States," according to a 2019 U.S. Department of EnergyClass 3 through Class 8 trucks make up less than 5% of the total number of U.S.
Whatever the amount from this calculation, its ultimate value is capped at $7,500 or $40,000, as noted earlier. In addition, business owners can't double dip by getting a tax break on the consumer side and on the commercial end .One key difference between the commercial and consumer tax credits for new clean vehicles is the absence of manufacturing and other requirements for the commercial credit.
this is and oral sex war in San Francisco by white male, drugs are bad but that nothing to clean up without putting anyone in prison, get the drug addicts into a real rehabilitation system for about 2 years, this will give the city time to clean up things, no addicts, no dealer
Lol it also created more inflation