AFSA Comments on IRS Commercial Clean Vehicle Tax Credit Rule
On March 17, 2025, AFSA submitted a comment letter to the IRS regarding a proposed rule for Commercial Clean Vehicle Tax Credits. This rule intended to clarify aspects of the Section 45W tax credit.
AFSA’s letter provided an explanation of how leasing companies are seeking clean vehicle tax credits and using proceeds of those credits to lower leasing costs for consumers. For this reason, leasing companies need clarity about how these tax credits will be offered in the future. The letter points out a variety of areas where the proposed rule could be clarified to deliver predictable outcomes for leasing companies and consumers.
March 19th, 2025
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