United States: IRS Releases Guidance On SAF Tax Credit And Signals Forthcoming Revisions To GREET Model For Determining Lifecycle GHG Emissions Reductions - Foley Hoag LLP
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On December 15, 2023, IRS published Notice 2024-06, a brief but important guidance on Section 40B, the Inflation Reduction Act ("IRA") tax credit for sustainable aviation fuel ("SAF").
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