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Department Of The Treasury

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"Tesla Introduces Instant EV Tax Credit System for Qualifying Vehicles"

Originally Published 2 years ago — by TESLARATI

Tesla has embraced the new immediate use of the EV tax credit, allowing buyers to apply the credit as a discount at the point of sale, essentially taking $7,500 off of the purchase price. The changes, announced by the IRS and Department of the Treasury, will take effect in 2024, enabling owners to receive an immediate discount on their vehicle purchases. The new system will let buyers immediately receive the credit amount off of the purchase price of the vehicle, given that the car still qualifies.

business business business department-of-the-treasury ev-tax-credit irs tesla vehicle-purchase

Yellen's Statements on Liquidity, Banking System, and Chinese Investors Shake Up Financial World.

Originally Published 2 years ago — by Treasury

The Department of the Treasury and Federal Reserve have released a joint statement welcoming the Swiss authorities' efforts to support financial stability. They also reassured that the U.S. banking system's capital and liquidity positions are strong, and the financial system is resilient. The authorities have been in close contact with their international counterparts to support their implementation.

business finance department-of-the-treasury federal-reserve finance financial-stability swiss-authorities us-banking-system