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The Federal Register on May 6, 2024, published final regulations issued by the U.S. Department of the Treasury and IRS under the clean vehicle tax credits found at Sections 25E...
On May 14, 2024, the Biden Administration announced that it will seek to increase tariffs on $18 billion in imports from China under Section 301 of the Trade Act of 1974.
On May 14, 2024, President Biden announced new trade tariffs on goods from China, aimed at protecting American workers and businesses. The measure imposes tariffs between 25%...
The Treasury Department and the Internal Revenue Service issued proposed regulations on the Section 45X Advanced Manufacturing Production Credit on December 14, 2023.
The road to EV ownership might be more difficult for Americans this year, as tax credits for certain electric vehicles (EVs) are becoming more stringent. For instance, as of Jan. 1, 2024, to qualify...