Fuel Tax Credit

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Dictionary Says

Definition of 'Fuel Tax Credit'

A federal subsidy that allows businesses to reduce their taxable income dollar for dollar based on specific types of fuel costs. There are several types of fuel credits. For example, a 2005 fuel credit to companies that produce biofuels provided a tax credit to companies that combined diesel derived from biomass with diesel derived from petroleum to create an alternative fuel mixture.
Investopedia Says

Investopedia explains 'Fuel Tax Credit'

The black liquor tax credit, once part of the alternative fuel credit, was a tax loophole allowed to companies for using black liquor - a paper production byproduct that the paper and pulp companies were already using - mixed with diesel as a fuel source. The paper and pulp companies began adding diesel to their black liquor so they could claim a tax credit. This achieved the reverse of what the bill intended, increasing the use of fossil fuels and reducing the use of biofuels.

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Search results for

'Fuel Tax Credit'

  • 5 Tax Credits You Shouldn't Miss

    http://www.investopedia.com/articles/taxes/08/tax-credits.asp
    ... Read Ways To Slash Your Home Energy Bill to learn more.) 4. Tax Credit for Hybrid
    and Alternative Fuel Vehicles As of 2011, this credit is no longer available ...
  • 6 Tax Credits That Anyone Can Claim Slideshow | Investopedia

    http://www.investopedia.com/slide-show/6-tax-credits-for-everyone/child-care-credit.aspx
    ... solar electric systems), small wind systems, geothermal heat pumps, and residential
    fuel cell and microturbine systems". Home owners can get a tax credit of up ...
  • 6 Tax Credits That Anyone Can Claim Slideshow | Investopedia

    http://www.investopedia.com/slide-show/6-tax-credits-for-everyone
    ... solar electric systems), small wind systems, geothermal heat pumps, and residential
    fuel cell and microturbine systems". Home owners can get a tax credit of up ...
  • 6 Tax Breaks That Anyone Can Claim - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1110/6-Tax-Credits-That-Anyone-Can-Claim.aspx
    ... solar electric systems), small wind systems, geothermal heat pumps, and residential
    fuel cell and microturbine systems". Home owners can get a tax credit of up ...
  • 6 Tax Credits That Anyone Can Claim Slideshow | Investopedia

    http://www.investopedia.com/slide-show/6-tax-credits-for-everyone/charitable-donations.aspx
    ... solar electric systems), small wind systems, geothermal heat pumps, and residential
    fuel cell and microturbine systems". Home owners can get a tax credit of up ...
  • 6 Tax Credits That Anyone Can Claim Slideshow | Investopedia

    http://www.investopedia.com/slide-show/6-tax-credits-for-everyone/renewable-energy-credits.aspx
    ... solar electric systems), small wind systems, geothermal heat pumps, and residential
    fuel cell and microturbine systems". Home owners can get a tax credit of up ...
  • 6 Tax Credits That Anyone Can Claim Slideshow | Investopedia

    http://www.investopedia.com/slide-show/6-tax-credits-for-everyone/relocating-for-work.aspx
    ... solar electric systems), small wind systems, geothermal heat pumps, and residential
    fuel cell and microturbine systems". Home owners can get a tax credit of up ...
  • 6 Tax Credits That Anyone Can Claim Slideshow | Investopedia

    http://www.investopedia.com/slide-show/6-tax-credits-for-everyone/automobile-tax-credits.aspx
    ... solar electric systems), small wind systems, geothermal heat pumps, and residential
    fuel cell and microturbine systems". Home owners can get a tax credit of up ...
  • 6 Tax Credits That Anyone Can Claim Slideshow | Investopedia

    http://www.investopedia.com/slide-show/6-tax-credits-for-everyone/conclusion.aspx
    ... solar electric systems), small wind systems, geothermal heat pumps, and residential
    fuel cell and microturbine systems". Home owners can get a tax credit of up ...
  • Cut Taxes With An Energy-Efficient Home - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1009/Cut-Taxes-With-An-Energy-Efficient-Home.aspx
    ... by other "green" labels that are not certified and for tax credit purposes, are
    essentially meaningless. Gas furnaces need an annual fuel utilization efficiency ...

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