Tax

EV Market
The IRS Answers All Your EV Tax Credit Questions — Sort Of
In an effort to clear up confusion about the new federal tax credit for electric cars, the IRS has issued new guidelines for taxpayers.People have a lot of ques…
EV Market
Electric Vehicle Tax Credits Explained: What’s New in 2023?
An electric vehicle is charging at a shopping center in Emeryville, Calif., Wednesday, Aug. 10, 2022. Congress is poised to pass a transformative climate change…
Electric Car
Pony.AI Approved To Deploy Fully Driverless L4 Autonomous Vehicles In Beijing; 10 Robotaxis For Testing
Pony.ai, a global autonomous driving technology company, has been issued a fully driverless autonomous vehicle road test permit by the Beijing Intelligent Conne…
Energy Taxation
Lula Decrees Extension For Tax Exemption On Fuels In Brazil
General view as Brazil's new President Luiz Inacio Lula da Silva delivers a speech after being sworn in at the National Congress, in Brasilia, Brazil, Janua…
Oil & Gas Trade
Exxon Sues EU in Move to Block New Windfall Tax on Oil Companies
Record profits by oil companies benefiting from high energy prices have boosted inflation around the worldExxon said it will factor in the tax as it considers f…
Energy Taxation
‘Electricity Generator Levy Threat to Renewable Investment’
The REA says the windfall tax could slow growth towards net zeroImage: ShutterstockThe government’s plans for the Electricity Generator Levy (EGL) threate…
Energy Taxation
Inflation Reduction Act: What Manufacturers Need To Know About New Clean Energy Tax Credits
Inside a JinkoSolar Smart Facility (Courtesy: JinkoSolar)Manufacturers should consider seeking Section 48C Advanced Energy Project Credit allocations, recently …
Oil & Gas Supply
Brazil Fuel Tax Case Settlement Could Improve Market For Ethanol
A gas station worker fills up a car's tank with ethanol in Cuiaba, Brazil, October 2, 2019. REUTERS/Marcelo TeixeiraSAO PAULO, Dec 15 (Reuters) - A settleme…
Oil Price
Italy Expects to Raise $4.2 Billion From Windfall Tax and Power Price Cap
The Italian government expects to raise around $4.2 billion (4 billion euros) from a new windfall tax on energy companies and a price cap on the electricity pro…
Italy
Italy Applies 50% Windfall Tax on Energy Companies' Extra Income, Draft Shows
Italy plans to apply a 50% one-off windfall tax next year on income of energy companies that have benefited from the surge in oil and gas prices, a draft of the…
Spain
Spanish Windfall Tax on Banks, Energy Firms Clears First Hurdle
An amended windfall tax proposal for Spanish banks and large energy companies cleared its first hurdle in parliament in the early hours of Friday with the backi…
Nuclear Reactor
EDF Could Lose 5 Bln Euros from France's Windfall Tax -Les Echos
A planned French windfall tax on energy companies' profits during Europe's current energy crisis would likely cost debt-laden nuclear giant EDF around 5 billion…
Germany
German Finance Ministry Wants 33% Windfall Tax on Energy Firms - Die Welt
Germany's finance ministry aims to introduce a 33% tax on oil and gas companies that have benefited from windfall profits, Die Welt newspaper reported on Tuesda…
Energy Investment
Britain’s Windfall Tax Risks North Sea Cash Flight, Output Drop, Industry Warns
North Sea oil and gas producers hit back after Britain's decision to raise a windfall tax on the sector, warning the move risked jeopardizing investment in the …
United Kingdom
Shell Reviews £25BN UK Investments Plan Because of Windfall Tax
The government recently extended the money raising measure

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Tax

The IRS Answers All Your EV Tax Credit Questions — Sort Of

Electric Vehicle Tax Credits Explained: What’s New in 2023?

Pony.AI Approved To Deploy Fully Driverless L4 Autonomous Vehicles In Beijing; 10 Robotaxis For Testing

Lula Decrees Extension For Tax Exemption On Fuels In Brazil

Exxon Sues EU in Move to Block New Windfall Tax on Oil Companies

‘Electricity Generator Levy Threat to Renewable Investment’

Inflation Reduction Act: What Manufacturers Need To Know About New Clean Energy Tax Credits

Brazil Fuel Tax Case Settlement Could Improve Market For Ethanol

Italy Expects to Raise $4.2 Billion From Windfall Tax and Power Price Cap

Italy Applies 50% Windfall Tax on Energy Companies' Extra Income, Draft Shows

Spanish Windfall Tax on Banks, Energy Firms Clears First Hurdle

EDF Could Lose 5 Bln Euros from France's Windfall Tax -Les Echos

German Finance Ministry Wants 33% Windfall Tax on Energy Firms - Die Welt

Britain’s Windfall Tax Risks North Sea Cash Flight, Output Drop, Industry Warns

Shell Reviews £25BN UK Investments Plan Because of Windfall Tax