Corporate Tax Bill Provides Incentives For Complying With EPA Diesel Rule

October 8, 2004
Small oil refiners would be provided tax breaks to comply with EPA regulations capping the sulfur content of diesel fuel used by trucks, as part of a provision included in a major corporate tax bill that is expected to soon be signed into law. These tax credits have long been sought by petroleum refiners who say the costly new EPA rule is hurting small refiners' ability to compete in the market place. The provision, which was originally part of stalled...


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