Xcelplus International, Inc. (XLPI)

[softtailhog]

anybody seen this? now epa certif really means something. but only need California Air Resources Board oky doky. bill check this out,please same thing ,tax credit to convert!!!!!!!!!!!! it might be easier and quicker to do the california deal and that really sets the standards, epa would have i tough time draging there feet after that bill get on the phone to the terminator!!!
http://www.arb.ca.gov/homepage.htm


IRS Notice 2006-54, issued in June 2006, extends the Qualified Alternative Fuel Motor Vehicle (QAFMV) tax credit to vehicle conversions. This IRS guidance states that new or used vehicles, placed in service as alternative fuel vehicles after January 1, 2006, qualify for the tax credit when the conversion system manufacturer has received a certificate of conformity from the EPA or California Air Resources Board. This guidance also establishes that manufacturers (conversion system installers) must provide certification to the IRS that a vehicle is eligible for a tax credit. The IRS must then provide the manufacturer with acknowledgement that a vehicle qualifies for the credit. The credit is taken by the buyer of a vehicle, and IRS Form 8910 should be used to claim the credit. The credit cannot be sold or transferred but can be carried forward by the seller for use in later years.