Tax News
Post details: IRS Certifies Honda Civic Hybrid for Tax Credit (IR-2007-168)
10/15/07
IRS Certifies Honda Civic Hybrid for Tax Credit (IR-2007-168)
CCH (cch.taxgroup.com) reports:
The IRS has certified the 2008 Honda Civic Hybrid CVT as eligible for the alternative motor vehicle credit under Code Sec. 30B. The credit amount for the vehicle is $2,100. The total number of qualifying Honda hybrid vehicles reported sold as of June 30, 2007, was 58,872. Therefore, purchasers of Honda's qualified vehicles may continue to rely on the previously issued IRS certifications.
IR-2007-168, 2007FED ¶46,665
Other References:
Code Sec. 30B
CCH Reference - 2007FED ¶4059E.026
CCH Reference - 2007FED ¶4059E.10
Tax Research Consultant
CCH Reference - TRC INDIV: 57,700
CCH Reference - TRC INDIV: 57,708
CCH Reference - TRC INDIV: 57,708.10
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