The Rise of Biodiesel: New Alternative Fuel, New Taxation Challenges The growth of the biodiesel market in recent years is largely due to the enactment of the Renewable Fuels Standard in 2005. Both federal and state governments have incentivized the production of biofuels in order to decrease the environmental effects of traditional petroleum fuel.
Understanding and taking advantage of excise tax regulations is critical to achieve financial success in the biodiesel market.
Download this paper to learn about:
Tax policy at the federal level
State-level tax incentives
Supply chain challenges of biodiesel
Complexities of multi-state transactions
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