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Thu 11 Nov 2008Electric cars for business tax deductible
A PACKAGE of incentives to encourage motorists to switch to electric vehicles was unveiled in Dublin city centre by Minister for Energy Eamon Ryan and Minister for Transport Noel Dempsey yesterday.
Under a scheme to cut the State's €6 billion annual bill for imported fossil fuels, while at the same time reducing carbon emissions, businesses which purchase electric vehicles will be able to write off 100 per cent of the cost against tax.
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