(updates with House rejects change in SUV loophole) WASHINGTON, Nov 17 (Reuters) - Republican leaders on Monday killed a Senate plan to close a loophole allowing small-business owners to deduct up to $100,000 from their taxable income for buying a luxury sport utility vehicle. Language eliminating the SUV loophole was inserted into the Senate's version of a broad energy bill, which also has $23.4 billion in tax breaks for oil, natural gas, coal and other energy sources. But the ...
Premium Content (PAID Subscription Required)
"UPDATE 1-US energy bill fails to end SUV tax loophole" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.