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Taxes

Sales of compressed natural gas (CNG) and liquified natural gas (LNG) are surging in Texas, as measured by sharp increases in tax revenue from the alternative fuels, according to the state Comptroller's office.

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Brazil to Reduce Vehicle Tax Breaks

The Brazilian government stated it will gradually roll back tax breaks on cars 2014, amid worries from producers that higher duties could hit sales in the South American country.

Gov’t Tax Revenues Reveal Positive Growth

WASHINGTON - Tax revenue for state and local governments in fourth quarter 2009 marked the first quarter of positive revenue growth in five quarters, according to the U.S. Census Bureau.

Biodiesel Industry Suffers as Tax Credit Ends

OKLAHOMA CITY - With the expiration of a federal tax credit that provided makers of biodiesel $1 for every gallon, some U.S. biodiesel producers say they will shut down without the government subsidy.

NAFA Seeks Tax Credits for Green Fleets

PRINCETON, NJ - NAFA recently sent a proposal to the U.S. Senate Finance Committee and House Ways and Means Committee to help state and local government fleets get federal tax credits for using clean fuel or low-emission vehicles.

Fleet Budgets Squeezed by Decreasing Tax Revenues

As the 2008 holiday season began last November, Government Fleet contacted public sector fleet managers to explore the impact of plummeting economic conditions on their professional responsibilities.