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Armenia advanced an initiative to exempt VAT taxes from the import of electric cars. On January 17, [year missing] the government approved the draft on the initiative on the draft law, according to which "the import of electric motor vehicles will be exempt from value added tax. The exemption is supposed to be in effect until January 1, 2022". [41]
In November 2013, the Texas Commission on Environmental Quality approved a rebate program to provide financial incentives up to $2,500 for the purchase or lease of new eligible vehicles powered by compressed natural gas (CNG), liquefied petroleum gas (LPG), or plug-in electric drive with battery capacity larger than 4 kWh, from a licensed dealer or leasing company. [2]
As of November 2022, these are the only cars that have been approved for import under the Show or Display exception. [7] Some of these models have since passed the 25 year mark, meaning that both they and even the less-limited versions of the same car (i.e., the non-Nismo Nissan Skyline R32) are exempt from import restrictions anyway. [8] [9]
On the one hand, having electric vehicle (EV) tax credits up to $7,500 for new vehicles and up to $4,000 for pre-owned cars applied at the point of sale is a great incentive for drivers who have ...
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A tax-free shopping retailer. Tax-free shopping (TFS) is the buying of goods in another country or state and obtaining a refund of the sales tax which has been collected by the retailer on those goods. [1] The sales tax may be variously described as a sales tax, goods and services tax (GST), value added tax (VAT), or consumption tax.
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