; charset=UTF-8" /> The Internal Revenue Service (IRS) Issued Income and Excise Tax Credits for Biodiesel and Cellulosic Biofuels | Oilgae Blog

Comprehensive Algae Fuels Report

A detailed report on all aspects of the algae fuel value chain, the Comprehensive Oilgae Report will be of immense help to those who are on the threshold of investing in algae biofuels. More »

Algae-based Wastewater Treatment

Compiled by a diverse team of experts, with experience in scientific and industrial fields, the Comprehensive Report for Wastewater Treatment Using Algae is the first report that provides in-depth analysis and insights on this important field. It uses innumerable data and information from a wide variety of expert sources and market studies, and distills these inputs and data into intelligence and a roadmap that you can use. More »

Comprehensive Guide for Algae-based Carbon Capture

A Comprehensive Guide for Entrepreneurs and Businesses Who Wish to get a Basic Understanding of the Business Opportunities and Industry Dynamics of the Algae-based CO2. More ››

Comprehensive Report on Attractive Algae Product Opportunities

The report provides an overview of the wide range of non-fuel applications of algae – both current and future prospects. It will provide entrepreneurs with an idea of how to derive more benefits from their algal energy ventures. The report provides detailed case studies, success stories and factoids of companies that have been involved in the algae products venture More »

Comprehensive Castor Oil Report

There is no other comprehensive report available for castor oil anywhere in the world. This is the first of its kind, and currently, the only one. More ››

Bioplastics Market & Strategy Advisor

Bioplastics Market & Strategy Advisor, published by the Bioplastics Guide, is a unique guiding framework for businesses and entrepreneurs to chart a way forward provides a critical analysis of the status, opportunities & trends of the global bioplastics sector. More ››

Algae-Useful Substances





Other Novel Applications

Talk to us

Email: consult@eai.in


Call Narsi 7358263274

займ на карту ночью

The Internal Revenue Service (IRS) Issued Income and Excise Tax Credits for Biodiesel and Cellulosic Biofuels

December 26th, 2008 | No Comments | Posted in Algae-Energy-Products

You are at: Oilgae Blog.

The Internal Revenue Service issued in late November Notice 2008-110, providing guidance regarding the income and excise tax credits for biodiesel and cellulosic biofuels under sections 40A, 6426 and 6427(e) of the Internal Revenue Code.

Regarding biodiesel, the notice details changes made to the biodiesel and biodiesel mixture tax incentives resulting from the revision of the ASTM D 6751 standard for biodiesel. To claim these incentives, taxpayers must generally obtain from the biodiesel producer a certificate that identifies the product, and the percentage of “biodiesel and agri-biodiesel” contained within the product, according to Stoel Rives LLP. In order to complete the required certificate, the producer must certify, among other things, that the biodiesel meets ASTM D 6751 requirements. Effective Oct. 13, 2008, ASTM revised this standard by adding a cold soak filtration test for biodiesel.

See more

By the way, have you subscribed to the Oilgae Blog?; How about joining the Oilgae mailing list?; and our forum to discuss on with others?

View the complete list of products from Algae
Click here

Leave a Reply 3557 views, 1 so far today | | posted by

Leave a Reply

You must be logged in to post a comment.

Hot Algae Products (Click to know more)
Omega 3 Spirulina Astaxanthin Chlorella

Get in Touch

Send us a message to know more on how oilgae.com can help your organization.