U.S. Department of the Treasury Releases Guidance to Expand Clean Vehicle Recharging and Refueling Infrastructure and Lower Transportation Costs for Americans
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The Alternative Fuel Vehicle Refueling Property Credit Will Lower Costs for Clean Vehicle Infrastructure and Transportation The U.S. Department of the Treasury and Internal Revenue Service (IRS) issued a Notice of Proposed Rulemaking (NPRM) and additional guidance on the Alternative Fuel Vehicle Refueling Property Credit as expanded by the Biden–Harris Administration’s Inflation Reduction Act. The guidance released will provide clarity on alternative fuel vehicle refueling property investments
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