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$7,500 EV tax credit is on Trump’s chopping block
Why Musk supports Trump getting rid of EV tax credits
Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devastate" Tesla's competitors.
Exclusive-Trump's transition team aims to kill Biden EV tax credit
President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters.
EV tax credit death could be first effect of Trump-Musk 'bromance'
Plans to eliminate the up to $7,500 consumer tax credit for plug-in vehicles is a sign of the partnership between Musk and the president-elect.
La. senators to vote on future of film tax credit
Breaking It Down: Bill to get rid of the inventory tax credit faces pushback
Two bills, that passed the House floor, work together to incentivize local governments to get rid of the inventory tax; which is levied on businesses for the storage of their materials.
Louisiana House passes bill to give income tax break
The Louisiana Legislature advanced a bill that would provide for an income tax cut for all workers in the state.
La. senators to vote on future of film tax credit after bill passes in House
HB-2 focuses on the state’s film and TV production tax credit. With no amendments added, the bill now moves on to the Senate. If the measure passes, it could end the tax credit
Sotheby, Sales Tax
Sotheby's Settles New York Tax Fraud Case, Pays Damages
Thursday's settlement resolves claims that Sotheby's let at least eight clients cheat New York state from 2010 to 2020 by using "resale certificates" that falsely portrayed them as art dealers entitled to tax exemptions,
Sotheby’s Pays $6 Million to Settle NY Sales Tax Evasion Probe
Sotheby’s Inc. agreed to pay $6.25 million to settle a New York state lawsuit that accused it of advising wealthy clients they could avoid sales taxes by falsely claiming they were buying art for resale purposes.
Sotheby’s Settles $6.25 Million Tax Evasion Lawsuit
New York’s attorney general says the auction house helped eight collectors pose as art dealers to avoid paying taxes on art buys. Sotheby’s admits no wrongdoing.
2d
on MSN
These tax cuts will go away without action by Congress and Trump
President-elect Donald Trump pledged to renew the tax cuts that he enacted in his first term, but keeping them around could ...
2d
Trump’s plans to extend tax cuts and slash red tape will likely spur economic growth — but there’s a cost
Extending those tax cuts from his first term will put serious strain on the national debt, which is currently at ...
CNET on MSN
8h
What the 2024 Election Results Mean for the Child Tax Credit
Studies indicate that the 2021 temporary increase of the credit had a significant impact on childhood poverty. Columbia ...
Opinion
6h
on MSN
Opinion
Opinion | Hochul’s New York Driving Tax Is Back
Ms. Hochul’s office is moving ahead with a so-called congestion-pricing system that will charge drivers who enter New York ...
1d
on MSN
Mississippi governor intent on income tax cut even if states receive less federal money
Mississippi Republican Gov. Tate Reeves says he will push lawmakers to phase out the state income tax, even if federal ...
1d
China unveils tax incentives to revive struggling property sector
China on Wednesday unveiled tax incentives to support the ailing property sector, which will take effect from Dec. 1 this ...
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