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Department Of The Treasury

All articles tagged with #department of the treasury

business2 years ago•1 min saved

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

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.

via TESLARATI|

#business #department-of-the-treasury #ev-tax-credit

finance3 years ago•0 min saved

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

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.

via Treasury|

#department-of-the-treasury #federal-reserve #finance