spot_imgspot_img

Wisconsin EV chargers must register with 3-cent tax starting on Jan. 1

spot_img

(The Center Square) – Wisconsin’s new 3-cent per kilowatt hour state tax on electricity sales for electric vehicles starts Jan. 1.

Any owner, operator, manager, or lessee of an EV charging station must now register with the Wisconsin Department of Revenue’s Online Business Tax Registration if the charging station is subject to the tax.

“The excise tax represents a crucial source of revenue for maintaining Wisconsin’s roadways and infrastructure,” said Department of Revenue Secretary Designee David Casey. “It will help ensure continued funding for road repairs and construction as Wisconsin drivers increasingly make the switch to electric vehicles, while creating a more equitable system in which all drivers contribute to road maintenance costs.”

Wisconsin Gov. Tony Evers signed Act 121 into law in March to ensure EV owners contribute fairly to road repairs.

WisDOT estimated the tax could lead to $27,000 annually in taxes to start while the Department of Revenue said it could bring in up to $930,000 annually.

The charging station owner must register and the excise tax applies regardless of whether the charging station is available for public use and whether there is a charge to the consumer for the electricity from the EV charging station.

Hotels also must register charging stations.

The excise tax does not apply and registration is not required for residential EV charging stations.

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

spot_img
spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Different Ron Johnson nominated as ambassador to Mexico

(The Center Square) – Wisconsin’s Republican U.S. Senator is...

Seattle City Council considers permanent crowd management measures

(The Center Square) – The Seattle City Council is...

Auto insurance rates plagued by ‘nuclear verdicts’

(The Center Square) — Louisianans must get tired of...

LA passes $30 tourism wage, hotels say they’ll convert to homeless shelters

(The Center Square) - Los Angeles City council voted...

Orleans Technical College celebrates 50 years with new campus

(The Center Square) – Orleans Technical college celebrated its...

More than two dozen FBI informants were on the ground during Jan. 6

(The Center Square) – The FBI had 26 confidential...

House passes bill limiting energy efficiency mandates on home laundry machines

Homeowners in the market for washers and dryers may...

More like this
Related

Different Ron Johnson nominated as ambassador to Mexico

(The Center Square) – Wisconsin’s Republican U.S. Senator is...

Seattle City Council considers permanent crowd management measures

(The Center Square) – The Seattle City Council is...

Auto insurance rates plagued by ‘nuclear verdicts’

(The Center Square) — Louisianans must get tired of...

Pritzker picks housing solutions director, offers student loan payoff to combat ‘crisis’

(The Center Square) – Illinois Gov. J.B. Pritzker is...