IRS Issues Guidance on Section 45Z Clean Fuels Production Tax Credit to Support Domestic Biofuel Production and American Agriculture
JD Supra
IRS Issues Guidance on Section 45Z Clean Fuels Production Tax Credit to Support Domestic Biofuel Production and American Agriculture
The Internal Revenue Service (IRS) has released guidance on Section 45Z of the Internal Revenue Code, which provides a tax credit for the production of clean fuels. This move aims to support domestic biofuel production and strengthen American agriculture.