Home Luxury Cars EV tax credit score shifts to rebate Jan. 1, and never all sellers are prepared

EV tax credit score shifts to rebate Jan. 1, and never all sellers are prepared

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EV tax credit score shifts to rebate Jan. 1, and never all sellers are prepared

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Mercedes-Benz dealership in New York CityMany U.S. automotive dealerships haven’t registered to start providing the federal EV tax credit score on the level of sale when that choice turns into accessible Jan. 1. Greater than 7,000 dealerships have registered with the IRS to supply tax credit of as much as $7,500 as point-of-sale rebates, the U.S. Treasury Division stated Friday. However there are almost 17,000…

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