IRS Releases Final Regulations on Tax Credits for the Purchase of Qualifying New and Previously-Owned Clean Vehicles
The U.S. IRS has announced the issuance of the final regulations (TD 9995) regarding Federal income tax credits under the Inflation Reduction Act of 2022 (IRA) for the purchase of qualifying new and previously-owned clean vehicles, including new and previously-owned plug-in electric vehicles powered by an electric battery meeting certain requirements and new qualified fuel cell motor vehicles…
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