Tag: Vehicle Tax Credit

Jan. 1 2015 – Dec. 31 2016 Clean Fuel Vehicle Tax Credit Rules

Taxpayers may claim a non-refundable tax credit against state individual income tax, corporate franchise tax, or fiduciary tax as follows: The State provides an income tax credit of $1,000 for the original purchase of new qualifying Plug-in hybrid vehicles registered in Utah. The state provides an income tax credit of 35% of the vehicle purchase …

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After 2009 Clean Fuel Vehicle Tax Credit Rules

Taxpayers may claim a non refundable tax credit against State individual income tax, corporate franchise tax, or fiduciary tax as follows: Converted Vehicles Motor Vehicles that Meet Air Quality and Fuel Economy Standards Original Equipment Manufacturer (OEM) Compressed Natural Gas Vehicles Special Mobile Equipment Converted to Clean Fuels Model Year 2008-2012 Vehicles The state provides …

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