February 21, 2024

Greater than 1,000 further auto sellers have registered for the point-of-sale electrical automobile tax credit score because it turned out there Jan. 1, the Treasury Division confirmed Friday morning.

Treasury officers informed reporters that as of Friday, greater than 8,700 sellers had registered for the credit score, up from the 7,400 introduced in late December. Alterations to the credit score beneath the Inflation Discount Act enable electrical automobile patrons to assert it upon buy from registered sellers slightly than ready till submitting their taxes the next yr.

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