IRS Granting Dyed Diesel Penalty Relief as a Result of Texas Wildfires
March 07, 2024
March 07, 2024
WASHINGTON, March 7 -- The U.S. Department of the Treasury's Internal Revenue Service issued the following news release:
The Internal Revenue Service, in response to disruptions to the supply of fuel for diesel powered highway vehicles resulting from wildfires, will not impose a penalty when dyed diesel fuel with a sulfur content that does not exceed 15 parts-per-million is sold for use or used by diesel-powered vehicles on the highway in certain counties in Texas.
This . . .
The Internal Revenue Service, in response to disruptions to the supply of fuel for diesel powered highway vehicles resulting from wildfires, will not impose a penalty when dyed diesel fuel with a sulfur content that does not exceed 15 parts-per-million is sold for use or used by diesel-powered vehicles on the highway in certain counties in Texas.
This . . .