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U.S. Eyeing Ways to Include Europe In Electric Car Tax Breaks

26 Mar 2023 | Abstracted from Politico

"The Treasury guidance on the tax incentives coming next week will spell out details of how the agency proposes to weigh the extraction and processing of minerals used in electric vehicles and their components. The initial version will exclude minerals extracted and processed in the EU..."

"Treasury's release of the proposal next week will start a 30-day comment period, after which the agency will issue a final version."

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