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LONDON — Taxes emerged as a key battleground in the first live televised debate of the U.K. election race, as party leaders addressed public concern over the cost-of-living crisis.
WASHINGTON (Reuters) -- The U.S. Treasury Department on Friday gave automakers additional flexibility on battery mineral requirements for electric vehicle tax credits on some crucial trace minerals from China, such as graphite.
WASHINGTON -- The ratio of leases among electric vehicle sales in the U.S. has risen as high as 90% for some models, as overseas automakers take advantage of a loophole that allows some foreign-made cars to receive the same tax credits as those assembled in America.
WASHINGTON -- The ratio of leases among electric vehicle sales in the U.S. has risen as high as 90% for some models, as overseas automakers take advantage of a loophole that allows some foreign-made cars to receive the same tax credits as those assembled in America.
While the government said the delay is warranted by the need for more engagement, industry players said the HVGT would not become a significant contributor to the country’s tax base and have subsequently called for a better tax system in the form of the goods and services tax (GST).
NEW YORK -- South Korean automaker Kia says it will start making its electric SUV in the U.S. by May and expects it to qualify for full tax credits that America offers on EV purchases by early next year.
Two weeks of talks at the United Nations shipping agency concluded in London on Friday, with a clear majority of countries emerging in favor of introducing the world's first-ever global emissions levy.
India’s largest opposition party accused the national authorities on Thursday of paralyzing its political activities by blocking the party’s access to its bank accounts, in what it described as a heavy-handed response to a tax dispute just weeks before a pivotal general election.