Ethanol Tax & Budget
Feb 23, 2004 12:00 PM, P. Scott Shearer
The administration’s budget for fiscal year 2005 extends the income tax credit and an excise tax exemption for ethanol producers until Dec. 31, 2010. The current tax provisions are to expire in 2007. The income tax credit for ethanol producers is 52 cents/gal. Those who produce less than 30 million gallons/year receive a credit of 62 cents/gal.
Want to use this article? Click here for options!
© 2009 Penton Media, Inc.
Acceptable Use Policy blog comments powered by Disqus
(New Course)
(New Course)
