Added: Nov 18, 2008
From: h4ck3rm1k3
Duration: 0:41
H.R. 1424 Emergency Economic Stabilization Act of 2008 http://thomas.loc.gov/cgi-bin/query/C?c110:./temp/~c110JIik9X of credit allowed under subsection (a) for such vehicle for the taxable year. `(6) PROPERTY U.S.E.D B.Y TAX-EXEMPT ENTITY- In the case of a vehicle the use of which is described in paragraph (3) or (4) of section 50(b) and which is not subject to a lease, the person who sold such vehicle to the person or entity using such vehicle shall be treated as the taxpayer that placed such vehicle in service, but only if such person clearly discloses to such person or entity in a document the amount of any credit allowable under subsection (a) with respect to such vehicle (determined without regard to subsection
Channel: News
Tags: act bailout bill economy of rights
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