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U.S. Treasury and IRS Issue Frequently Asked Questions on the Clean Fuel Production Credit

16 July 2024

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Approved Changes

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United States

The U.S. IRS has announced the issuance of frequently asked questions on the Clean Fuel Production Credit that was introduced as part of the Inflation Reduction Act of 2022. --- Treasury, IRS issue frequently asked questions regarding registration for the Clean Fuel Production Credit WASHINGTON — The Internal Revenue Service today issued frequently asked questions (FAQs) in Fact Sheet 2024-25 related to which entities must apply for registration for the Clean Fuel Production Credit. The Inflation Reduction Act of 2022 (IRA) added a new income tax credit for clean fuel production, available beginning Jan. 1, 2025. To claim a Clean...