Canada Willing to ‘Align’ with U.S. Proposed EV Tax Credits Says Justin Trudeau
Prime Minister Justin Trudeau has announced that Canada would 'align' its electric-vehicle (EV) incentives with those proposed under U.S. President Joe Biden’s Build Back Better Act, only if the U.S. expands those credits to Canadian-built vehicles (via Tesla North). President Biden’s bill proposes tax credits of up to $12,500 USD for EVs, but $4,500 of that total will...
Apple Seeking Tax Breaks in India for iPhone Suppliers
Apple has requested tax breaks for its suppliers from the Indian government to set up a manufacturing hub for the iPhone and its components. According to a new report from Reuters, Apple has been actively pursuing its own incentives in India to offset the costs of moving more of its production to the country. Recently, the...
Apple’s India Manufacturing Plan Nears Deal: WSJ
It seems as if Apple's desire to manufacture products in India is getting closer and closer to reality. According to a new report from the Wall Street Journal, a team from Apple on Wednesday met with senior Indian government officials to seek tax concessions for manufacturing and setting up its stores in India. It may be...