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06-Jan-2013



PHOTO CAPTION: Zero Motorcycles sales should benefit from extension of tax credit for another year.

Avoiding USA 'Fiscal Cliff' Benefits Electric Vehicles

Various tax credits, including those on electric motorcycles extended another year.

The issue of the “fiscal cliff” – an across-the-board leap in taxes and spending cuts – has finally been resolved in the USA after the US Senate passed a vote on New Year’s Day.

Now, an amended bill, known as the American Taxpayer Relief Act of 2012, has made a number of revisions and extensions to factors that affect alternative fuels and plug-in vehicles.

Let’s take a look at the notable sections of the bill:

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Copyright 1998-2013, EVWorld.com, Inc. All rights reserved.
EV World premium subscriber content may be freely distributed 12 months after its original publication date with the only stipulation being that EV World be credited and a link is provided back to the site. All other material is subject to owner copyrights.
Some portions of this website require a $49.00US annual subscription.

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