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.

Maryland Sales Tax Holiday for Energy Efficient...

Friday, February 16th, 2018 -The Maryland sales tax holiday for energy efficient appliances runs from Saturday, February 17, 2018, at 12:01...

Dental Prostheses Exempt in Michigan

Wednesday, February 14th, 2018 -The Michigan Department of Treasury recently released a publication describing the retroactive exemption for d...

Taxability of Amusement Devices and Video Games in...

Monday, February 12th, 2018 -The Wisconsin Department of Revenue has released guidance addressing the taxability of video games and amuseme...

Video Streaming Subscriptions Taxable in Texas

Friday, February 9th, 2018 -The Texas Comptroller of Public Accounts recently ruled that video streaming and add-on services are taxable a...

Moratorium on Medical Devise Excise Tax Extended Two More...

Wednesday, February 7th, 2018 -The United States Congress extended the moratorium on the Medical Device Excise Tax (MDET) for another two yea...

2018 Colorado Sales Tax Rounding Change

Monday, February 5th, 2018 -The Colorado Department of Revenue has released guidance explaining new rounding rules for sales tax returns f...