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How the Treasury Solved Korea's IRA Electric Vehicle Problem: A chat with Chad Bown
Manage episode 375892190 series 3004800
Content provided by Dyreng and Hoopes. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dyreng and Hoopes or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
The Inflation Reduction Act extended the provision of tax incentives for electric vehicles, but, added stipulations that these EVs be produced in North America. Manufacturers outside of North America, including Korean auto manufacturers, had a problem--would they miss out on these subidies that their customers had previously been getting? Trade economist Chad Bown tells the story about how the US Treasury, by regulation, appears to have solved Korea's problem by regulation.
Get CPE for listening to Tax Chats! Free CPE courses are available approximately one week after episodes are published. Visit https://earmarkcpe.com/ to download the free app. Go to the Tax Chats channel, register for the course, take a short quiz, and earn your CPE certificate.
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Manage episode 375892190 series 3004800
Content provided by Dyreng and Hoopes. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dyreng and Hoopes or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
The Inflation Reduction Act extended the provision of tax incentives for electric vehicles, but, added stipulations that these EVs be produced in North America. Manufacturers outside of North America, including Korean auto manufacturers, had a problem--would they miss out on these subidies that their customers had previously been getting? Trade economist Chad Bown tells the story about how the US Treasury, by regulation, appears to have solved Korea's problem by regulation.
Get CPE for listening to Tax Chats! Free CPE courses are available approximately one week after episodes are published. Visit https://earmarkcpe.com/ to download the free app. Go to the Tax Chats channel, register for the course, take a short quiz, and earn your CPE certificate.
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