tax
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Tesla Didn’t Pay Any Federal Income Taxes for 5 Years, Got $1 Million Tax Refund
A new report claims that the company uses accounting schemes to avoid declaring profits in the U.S. and paying taxes.
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This U.S. State Wants to Charge EV Owners $400 for the Privilege
Tennessee’s Republican Governor Bill Lee is considering a set of new road-related rules to fund a proposed transportation infrastructure bill. On the docket: raising the fee electric vehicle owners pay to register their cars. Currently, EV drivers pay $US100 (around $139) in the state every year; under newly announced budged scheme, that would triple to…
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What Alternatives Should Australia Impose to Replace Its Petrol Excise?
One government, in New Zealand, has already cut its fuel excise, by 25 cents per litre for the three months it hopes will be the worst of the oil price crisis, and in the United States and Australia there’s talk of the same sort of thing. Before considering whether it should be cut, temporally waived,…
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IRS Abandons Facial Recognition Plans
In a major reversal, the Internal Revenue Service says it will transition away from using ID.me’s controversial facial recognition identity verification software following weeks of public controversy and criticism from privacy groups.