[20080207]RS22558_混合动力汽车的税收抵免.pdf

Order Code RS22558Updated February 7, 2008Tax Credits for Hybrid VehiclesSalvatore LazzariSpecialist in Public FinanceResources, Science, and Industry DivisionSummaryHybrid vehicles are propelled by a standard gasoline (or diesel) internal combustionengine in combination with an electric motor (and battery storage system), whichimproves fuel economy. The Energy Policy Act of 2005 replaced a $2,000 deduction forhybrids with a system of tax credits that vary according to fuel efficiency and estimatedlifetime fuel savings, compared with a 2002 comparable gasoline-only model. Thesecredits, which range from $250 to $3,400 per vehicle, went into effect on January 1,2006, and are available through December 31, 2009. However, there is an approximately60,000-per-manufacturer limit on the number of hybrid vehicles that would qualify forthe full credit. Toyota reached its limit in the second quarter of 2006, and the credits forthose vehicles are being phased out and will not be available after October 1, 2007.Honda reached its limit in the third quarter of 2007. U.S. manufacturers (primarilyGeneral Motors and Ford) produce mostly SUV hybrids, which have seen slowerdemand. The tax credits for