SECTION 4. CREDIT AMOUNT — Internal Revenue Bulletin 2007-50

.01 In general. If a new advanced lean burn technology motor vehicle or new qualified hybrid passenger automobile or light truck manufactured by American Honda Motor Company, Inc. is purchased for use or lease after December 31, 2007, the allowable credit is as follows:

(1) For vehicles purchased for use or lease on or after January 1, 2008, and on or before June 30, 2008, the credit is 50 percent of the otherwise allowable amount determined under § 30B(c) or (d) (whichever is applicable);

(2) For vehicles purchased for use or lease on or after July 1, 2008, and on or before December 31, 2008, the credit is 25 percent of the otherwise allowable amount determined under § 30B(c) or (d) (whichever is applicable); and

(3) For vehicles purchased for use or lease on or after January 1, 2009, no credit is allowable.

. 02 Certified Vehicles. The following tables set forth the credit available on or after January 1, 2008, for hybrid motor vehicles for which American Honda Motor Company, Inc. received an acknowledgement of its certification from the Service on or before November 19, 2007:

2007–50 I.R.B. 1160 December 10, 2007

Table 1
January 1, 2008 — June 30, 2008	January 1, 2008 — June 30, 2008	January 1, 2008 — June 30, 2008
Model Year	Model	Credit Amount
2005	Accord Hybrid AT	$325
2005	Accord Hybrid Navi AT	$325
2005	Civic Hybrid MT	$850
2005	Civic Hybrid CVT	$850
2005	Insight CVT	$725
2006	Accord Hybrid AT with updated calibration	$650
2006	Accord Hybrid Navi AT with updated calibration	$650
2006	Accord Hybrid AT without updated calibration	$325
2006	Accord Hybrid Navi AT without updated calibration	$325
2006	Civic Hybrid CVT	$1050
2006	Insight CVT	$725
2007	Accord Hybrid AT	$650
2007	Accord Hybrid Navi AT	$650
2007	Civic Hybrid CVT	$1050
2008	Civic Hybrid CVT	$1050

Table 2
July 1, 2008 — December 31, 2008	July 1, 2008 — December 31, 2008	July 1, 2008 — December 31, 2008
Model Year	Model	Credit Amount
2005	Accord Hybrid AT	$162.50
2005	Accord Hybrid Navi AT	$162.50
2005	Civic Hybrid MT	$425
2005	Civic Hybrid CVT	$425
2005	Insight CVT	$362.50
2006	Accord Hybrid AT with updated calibration	$325
2006	Accord Hybrid Navi AT with updated calibration	$325
2006	Accord Hybrid AT without updated calibration	$162.50
2006	Accord Hybrid Navi AT without updated calibration	$162.50

December 10, 2007 1161 2007–50 I.R.B.

Model Year	Model	Credit Amount
2006	Civic Hybrid CVT	$525
2006	Insight CVT	$362.50
2007	Accord Hybrid AT	$325
2007	Accord Hybrid Navi AT	$325
2007	Civic Hybrid CVT	$525
2008	Civic Hybrid CVT	$525

Table 3
On or After January 1, 2009	On or After January 1, 2009	On or After January 1, 2009
Model Year	Model	Credit Amount
2005	Accord Hybrid AT	$0.00
2005	Accord Hybrid Navi AT	$0.00
2005	Civic Hybrid MT	$0.00
2005	Civic Hybrid CVT	$0.00
2005	Insight CVT	$0.00
2006	Accord Hybrid AT with updated calibration	$0.00
2006	Accord Hybrid Navi AT with updated calibration	$0.00
2006	Accord Hybrid AT without updated calibration	$0.00
2006	Accord Hybrid Navi AT without updated calibration	$0.00
2006	Civic Hybrid CVT	$0.00
2006	Insight CVT	$0.00
2007	Accord Hybrid AT	$0.00
2007	Accord Hybrid Navi AT	$0.00
2007	Civic Hybrid CVT	$0.00
2008	Civic Hybrid CVT	$0.00

The principal author of this notice is Nicole R. Cimino of the Office of Associate Chief Counsel (Passthroughs & Special Industries). For further information regarding this notice, contact Ms. Cimino at (202) 622–3110 (not a toll-free call).

26 CFR 601.105: Examination of returns and claims for refund, credit, or abatement; determination of correct tax liability. (Also Part I, §§ 62, 162, 170, 213, 217, 274, 1016;

1.62–2, 1.162–17, 1.170A–1, 1.213–1, 1.217–2, 1.274–5, 1.1016–3.)

Rev. Proc. 2007–70