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Trump, EV and Tax Credit
EV makers slide on report Trump wants to scrap EV tax credit
Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of broader tax reform legislation, Reuters reported.
Rivian, Tesla slide on report Trump plans to nix EV tax credit
Repealing the subsidy - a major component of President Joe Biden’s Inflation Reduction Act - would deal a significant blow to EV adoption in the U.S.
Exclusive-Trump's Transition Team Aims to Kill Biden EV Tax Credit
Ending the tax credit could have grave implications for an already stalling U.S. EV transition. And yet representatives of Tesla - by far the nation's largest EV seller - have told a Trump-transition committee they support ending the subsidy,
Trump’s transition team plans to kill Biden’s EV tax credit
President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for EV purchases as part of broader tax-reform legislation.
La. senators to vote on future of film tax credit
House passes a bill eliminating tax provisions that harm some federal retirees
The House of Representatives on Tuesday passed, 327-75, legislation that would repeal Social Security’s windfall elimination provision (WEP) and government pension offset (GPO) — tax provisions that negatively impact some federal retirees’ annuity benefits.
Louisiana House passes bill to give income tax break
The Louisiana Legislature advanced a bill that would provide for an income tax cut for all workers in the state.
La. senators to vote on future of film tax credit after bill passes in House
HB-2 focuses on the state’s film and TV production tax credit. With no amendments added, the bill now moves on to the Senate. If the measure passes, it could end the tax credit
Sotheby, Tax Fraud
Sotheby’s Settles Tax Fraud Lawsuit for $6.25 Million
New York’s attorney general said in a lawsuit that the auction house had helped collectors avoid tax payments on art purchases.
Sotheby's Settles New York Tax Fraud Case, Pays Damages
Thursday's settlement resolves claims that Sotheby's let at least eight clients cheat New York state from 2010 to 2020 by using "resale certificates" that falsely portrayed them as art dealers entitled to tax exemptions,
Sotheby’s Pays $6 Million to Settle NY Sales Tax Evasion Probe
Sotheby’s Inc. agreed to pay $6.25 million to settle a New York state lawsuit that accused it of advising wealthy clients they could avoid sales taxes by falsely claiming they were buying art for resale purposes.
The Economist
5h
America Inc is hoping for a tax bonanza. It may be disappointed
The crowning legislative achievement of Mr Trump’s first term was the Tax Cuts and Jobs Act (TCJA) of 2017, which lowered ...
2d
on MSN
These tax cuts will go away without action by Congress and Trump
President-elect Donald Trump pledged to renew the tax cuts that he enacted in his first term, but keeping them around could ...
2d
Trump’s plans to extend tax cuts and slash red tape will likely spur economic growth — but there’s a cost
Extending those tax cuts from his first term will put serious strain on the national debt, which is currently at ...
Hosted on MSN
7h
Editorial: L.A. County voters agreed to another tax to reduce homelessness. Let's make sure it does
Los Angeles County got a gift from voters: They passed Measure A, a half-cent-per-dollar sales
tax
that will provide a ...
21h
on MSN
Mississippi governor intent on income tax cut even if states receive less federal money
Mississippi Republican Gov. Tate Reeves says he will push lawmakers to phase out the state income tax, even if federal ...
1d
China unveils tax incentives to revive struggling property sector
China on Wednesday unveiled tax incentives to support the ailing property sector, which will take effect from Dec. 1 this ...
21h
on MSN
Property tax bills are out. Here's a couple ways to split up your payments interest free
Property tax bills have been sent out across the state and for those not looking to pay in full there are options to split up ...
1d
on MSN
Louisiana House greenlights Gov. Jeff Landry's tax cuts
Louisiana’s GOP-dominated House of Representatives has overwhelmingly passed individual and corporate tax cuts, along with a ...
3h
on MSN
Consultation to start on Highland tourist tax
Highland Council is going to start a consultation on plans to introduce a tourist tax in the region. Under the proposal ...
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