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September 21, 2006
Toyota & Lexus Hybrid Buyers Lose Full Tax Credit on October 1
We previously blogged the impending loss (on Ooctober) of the full federal tax credit for buyers of the Prius, as well as other hybrid vehicles manufactured by Toyota and Lexus, because the company sold more than 60,000 hybrids during the calendar quarter ending June 30, triggering the credit's phaseout. The IRS yesterday announced (IR-2006-145) the scheduled phase-out of the tax credit for each of the hybrid models:
September 21, 2006 in IRS News | Permalink
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» TOYOTA, LEXIS FUEL CREDITS PHASING OUT from Roth & Company, P.C.
The Toyota and Lexus hybrids are just saving too much energy, so the tax credit for them is beginning to... [Read More]
Tracked on Sep 21, 2006 9:20:21 AM
» Bitacle Blog Search Archive - Toyota from bitacle.org
[...] We previously blogged the impending loss (on Ooctober) of the full federal tax credit for buyers of the Prius, as well as other hybrid vehicles manufactured by Toyota and Lexus, because the company sold more than 60,000 hybrids during the. [...] [Read More]
Tracked on Sep 22, 2006 12:33:52 AM
