Washington Extends Exemption for Certain Alternative Fuel Vehicles

Wednesday, July 22nd, 2015

 
 
A hybrid charging station.
Share
Link
Washington
Automotive

Effective July 15, 2015, the sales tax exemption for alternative fuel vehicles is extended to July 1, 2019. This exemption had been set to expire this year. The exemption applies to cars, light duty trucks, and medium duty passenger vehicles that are exclusively powered by clean alternative fuel and hybrids that can travel at least 30 miles using only battery power. Clean alternative fuel means electricity, natural gas, propane, or hydrogen.

This exemption does not apply to sales of new vehicles with a selling price of more than $35,000 (including any trade-in value) or to sales of used vehicles.

Additionally, the exemption does not apply to leases that are signed after July 15, 2015 when the fair market value of the leased vehicle is more than $35,000 at the beginning of the lease. For leases signed before July 15, 2015, the lease is exempt regardless of the fair market value of the qualifying vehicle at the beginning of the lease.

http://lawfilesext.leg.wa.gov/biennium/2015-16/Pdf/Bills/Senate%20Passed%20Legislature/5987-S.PL.pdf


About TTR

Transaction (buying or selling things), Tax (the tax on this activity), Resources (our people, our website, our support services) - TTR, Inc.

TTR has a website that companies subscribe to and use daily. This website provides a list of everything that can be bought or sold in the U.S. It provides simple answers to whether buying or selling these items is taxable (subject to a sales tax or other tax), and it provides all the legal authority to support these tax answers.

TTR likes to keep things simple and fun, which is why it has great people who provide help to clients on any support questions they have about transaction tax issues.

Please visit TTR on the web at www.ttrus.com or call 866.578.8193.

Vehicles Used to Transport Materials between Facilities...

Wednesday, August 15th, 2018 -The Arkansas Department of Finance and Administration recently ruled that a vehicle used to transport in-proce...

Economic Nexus in Washington

Monday, August 13th, 2018 -Effective October 1, 2018, certain out-of-state businesses will be required to collect and pay Washington sale...

Economic Nexus in Michigan

Thursday, August 9th, 2018 -Effective October 1, 2018, certain out-of-state sellers will be required to collect and pay Michigan sales or ...

Georgia Suspends Tax on Jet Fuel

Wednesday, August 8th, 2018 -Effective August 1, 2018, Georgia no longer collects state level sales and use tax on jet fuel. Georgia tax...

Employment Services Contracts for Permanent Employees Not...

Monday, August 6th, 2018 -The Ohio Board of Tax Appeals recently addressed whether contracts entered into by an employment services agen...

Alarm Systems and Monitoring Not Taxable in Missouri

Wednesday, August 1st, 2018 -The Missouri Department of Revenue recently released a ruling determining that (1) security, fire, tornado, an...