WebDec 31, 2011 · Section 26 U.S. Code § 6426 - Credit for alcohol fuel, biodiesel, and alternative fuel mixtures U.S. Code Notes prev next (a) Allowance of credits There shall be allowed as a credit— (1) against the tax imposed by section 4081 an amount equal to the … Section. Go! 26 U.S. Code Chapter 65 - ABATEMENTS, CREDITS, AND REFUNDS … Except as provided in subsection (k), if any fuel on the sale of which tax was … WebSections 6426 and 6427(e) - Extension of biodiesel mixture, alternative fuel mixture, and alternative fuel credits and payments. In addition to the creation of the sustainable aviation fuel mixture credit, the bill would extend the biodiesel mixture credit under Section 6426(c), also available for renewable diesel, from the current expiration date of December 31, 2024 …
26 U.S. Code § 40A - Biodiesel and renewable diesel used …
Web11 in section 6426(k)(2)) for a purpose described in 12 section 6426(k)(1) in such person’s trade or busi-13 ness, the Secretary shall pay (without interest) to 14 such person an amount equal to the renewable nat-15 ural gas fuel credit with respect to such fuel.’’. 16 (2) TERMINATION.—Section 6427(e)(7) of such WebFor purposes of this section, the term "biodiesel mixture" means a mixture of biodiesel and diesel fuel (as defined in section 4083(a)(3)), determined without regard to any use of … firsttechfed credit union aba routing number
26 U.S. Code § 4041 - Imposition of tax U.S. Code US Law LII ...
WebJan 1, 2024 · Under regulations prescribed by the Secretary, a person (other than a corporation the stock of which is regularly traded on an established securities market) shall be required to reregister under this section if after a transaction (or series of related transactions) more than 50 percent of ownership interests in, or assets of, such person … WebFor purposes of this section, the term “ applicable supplementary amount ” means, with respect to any sustainable aviation fuel, an amount equal to $0.01 for each percentage point by which the lifecycle greenhouse gas emissions reduction percentage with respect to such fuel exceeds 50 percent. WebJan 17, 2024 · Section 6426 provides a credit against the excise taxes imposed by sections 4041 and 4081 for biodiesel mixtures, alternative fuels and alternative fuel mixtures. Biodiesel mixture credit: Under section 6426(c), a taxpayer that produces a biodiesel mixture for sale or for use in its trade or business may claim a credit against its section 4081 ... firsttechfed.com wire transfer