Clean Fuel Vehicle Tax Credit - Corporate (Utah)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Clean Fuel Vehicle Tax Credit - Corporate|
|Incentive Type||Corporate Tax Credit|
|Applicable Sector||Commercial, Industrial|
|Eligible Technologies||Renewable Fuel Vehicles|
|Energy Category||Renewable Energy Incentive Programs|
|Expiration Date|| 2005-12-31
|Maximum Incentive|| 3,000
|Program Administrator||Utah State Tax Commission|
Utah's Income Tax Credit for cleaner burning fuel vehicles is 50 percent of the incremental cost of the vehicle up to $3,000 for OEM (factory-built) vehicles and 50 percent of the after-market conversion cost up to $2,500. The credit applies to vehicles purchased after January 1, 2001 and before January 1, 2006 that are registered in Utah.
The vehicle must be fueled by propane, natural gas, or electricity; or other clean burning fuels, including hydrogen or fuels that are at least 85% alcohol or ether.
The Utah Tax Commission manages tax credits (801-297-7705 or 800-662-4335, ext. 7705.) Request form TC-40 V.
Authorities (Please contact the if there are any file problems.)
|Authority 1:||Utah Code Ann. § 59-7-605|
|Contact Name||Information Specialist - Tax Commission|
|Department||Utah State Tax Commission|
|Address||210 North 1950 West|
|Place||Salt Lake City, Utah|
|Phone 2||(800) 662-4335|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.