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View Full Version : Toyota hybrid tax credit takes a hit starting today


Sledge
06-06-2006, 11:22 AM
Toyota Motor Corp. is expected to announce today that it has sold 60,000 hybrids this year -- a development that will start reducing a tax incentive to buy the fuel-efficient vehicles.


http://www.courierpostonline.com/apps/pbcs.dll/article?AID=/20060605/BUSINESS01/606050316/1003/BUSINESS

vonteity
07-22-2006, 05:43 PM
Actually, the tax credit goes through the end of this Quarter (September). At least as I understand it, the tax credit doesn't start to decline until after the Quarter following the one where the 60k vehicle limit is reached. It's in the fine print!



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