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Plug-in hybrids: government reworks its tax reform bill
The government changed its ratio used to determine if a PHEV can have a tax benefit so cheaper plug-in hybrids like the Toyota Prius PHV aren’t affected /Toyota
After numerous driver associations reached out to the government concerning its new and harsher tax plan for plug-in hybrid cars, the federal government reworked its copy. The new draft exempts cars such as the Toyota Prius PH or the Passat GTE, but its still reduced the tax advantage on what the government calls “fake hybrids”
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