Thursday, January 17, 2013 - 16:48:50
The recent fiscal cliff deal passed by Congress includes tax credits for purchase and installation of an electric vehicle charging station. The Section 30C credit for Alternative Fuel Vehicle Refueling Property includes a credit of up to $1,000 for purchase and installation of a charging station for personal use.Additionally, Section 30C includes a 30 percent credit, capped at $30,000 for business/investment use per site. Let your employer or favorite retailer know that businesses planning to install EV charging stations in 2013 can qualify for up to $30,000 in tax credits per site.
For more information:Cornell Law School's Legal Information InstituteIRS Form 9811: Alternative Fuel Vehicle Refueling Property Credit
Posted by Douglas Ingram in EV News - Be the first to comment -