*Indiana Editor Tipoffs Newsletter for Monday May 12, 2025 ( 2 items ) |
Ethanol Producer Urges IRS for Clarity on Clean Fuel Tax Credit
WASHINGTON, May 11 -- Harvestone Low Carbon Partners (HLCP), a leading ethanol producer operating three biorefineries in North Dakota and Indiana, has voiced significant concerns regarding the Internal Revenue Service's (IRS) implementation of the Section 45Z Clean Fuel Production Tax Credit. In a letter addressed to the Office of Associate Chief Counsel, HLCP outlined several key areas where current guidance lacks clarity and could hinder the program's effectiveness in incentivizing clean fuel
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Fuel Producer Seeks Clarity on Clean Fuel Tax Credit
WASHINGTON, May 11 -- Monument Chemical has submitted comments to the Department of the Treasury and the Internal Revenue Service (IRS), raising concerns about the implementation of the Section 45Z Clean Fuel Production Credit. The company, headquartered in Indianapolis, Indiana, with multiple locations in Kentucky and Texas, is seeking clarification on how the credit will apply to certain fuel production processes.
In a letter submitted via the Federal eRulemaking Portal, Sarves Peri, Business
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