Small Business Corp TAX CREDIT

Madeleine · 03-13-2008, 01:35 AM

Hi All!
I am so sorry if this is a tired topic, but I read more than one place that although the tax incentives are over for Prius in general, for business owners (even small little businesses) there is some sort of incentive if the Prius is a business purchase/used as such regularly.

Does anyone know? Weeding through the IRS website requires more stamina than I have after also facing off with 3 competing car dealers we're pitting against one another this week, hoping to be able to swing a new Prius purchase! Any incentives would sure sweeten the deal.

Rangerdavid · 03-22-2008, 09:29 PM

Hi! Not aware of any corporate tax incentives for Prius. In fact, in order to get the tax credit from 2006 when we purchased ours, we had to put it in our personal name instead of the corporation.

Buy it anyway, put it in the corporate name, and let the business pay for it, or put it in your name and rent it to the business. either way, you got a new Prius!!!

03-13-2008, 01:35 AM	#1
Madeleine Student of Prius Join Date: Mar 2008 Location: Oregon Posts: 53 My Car: 2008 Prius Package: #3 Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0	Small Business Corp TAX CREDIT Hi All! I am so sorry if this is a tired topic, but I read more than one place that although the tax incentives are over for Prius in general, for business owners (even small little businesses) there is some sort of incentive if the Prius is a business purchase/used as such regularly. Does anyone know? Weeding through the IRS website requires more stamina than I have after also facing off with 3 competing car dealers we're pitting against one another this week, hoping to be able to swing a new Prius purchase! Any incentives would sure sweeten the deal.

03-22-2008, 09:29 PM	#2
Rangerdavid Senior Member Join Date: Jun 2006 Location: Boone, North Carolina Posts: 1,022 My Car: 2006 Prius Package: #5 Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 7	Re: Small Business Corp TAX CREDIT Hi! Not aware of any corporate tax incentives for Prius. In fact, in order to get the tax credit from 2006 when we purchased ours, we had to put it in our personal name instead of the corporation. Buy it anyway, put it in the corporate name, and let the business pay for it, or put it in your name and rent it to the business. either way, you got a new Prius!!!