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Treasury Audit Finds One-Third of US Biofuel Tax Credits Wrongly Awarded
A federal audit of 124 U.S. taxpayers claiming biofuel tax credits revealed that as many as 42 of them ? or roughly one-third ? failed to submit the proper paperwork and should no.
United states
Washakie renewable energy
Revenue service
Tax administration
Compliance initiative
Department of the treasury office tax
Environmental protection agency
Audit finds one third
Internal revenue service
Inflation reduction act
Treasury inspector general
Revenue code section
Certain fuel mixtures
Alternative fuel credit
Federal tax paid
Tax policy
IRS Issues New Guidance On Sustainable Aviation Fuel Credit - Income Tax
The SAF Tax Credit is $1.25 for each gallon of sustainable aviation fuel in a "qualified mixture."
United states
Fischer tropsch
Exxon mobil corp
Revenue service
International aviation
Energy use in transportation
Protection agency for the renewable fuel standard
Aviation organization
Treasury department
International civil
Argonne national laboratory
Internal revenue service
Sustainable aviation fuel
Inflation reduction act
Lifecycle greenhouse gas
Emissions reduction
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