Treasury, IRS issue guidance on new Sustainable Aviation Fuel Credit

Treasury, IRS issue guidance on new Sustainable Aviation Fuel Credit

IR-2022-223, December 19, 2022

WASHINGTON — The Treasury Department and Internal Revenue Service today issued a notice regarding the Sustainable Aviation Fuel (SAF) credit. This is a new credit created by the Inflation Reduction Act of 2022. It applies to a qualified fuel mixture containing sustainable aviation fuel for certain sales or uses in calendar years 2023 and 2024.

 

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