Quote:
Originally Posted by Hersbird
The full amount of the EV qualifying tax credit is in place DURING the entire calendar quarter in which 200,000 EVs are sold by a manufacturer, AND through the subsequent quarter.
Then the tax credit amount is reduced by 50% for the next 2 quarters.
The credit is reduced again to 25% of the original amount for the subsequent 2 quarters.
At that point the credit expires completely.
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Until it’s revised anyway, assuming BBB ever passes