We use cookies to customise content for your subscription and for analytics. If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
On January 6, China's Finance Ministry announced it would both consider a carbon tax being introduced by 2015 and raise the exemption threshold as applied to the windfall tax imposed on oil producers
China’s National Development and Reform Commissions Energy Research Institute and the Institute of Fiscal Science at the Ministry of Finance released a report January 5 that showed that a carbon tax of $1.58 per metric ton under consideration by the nation’s Ministry of Finance is lower than previously floated amounts because of economic pressures
On August 19, the IRS Chief Counsel released an advice memorandum stating that certain methods for mixing taxable fuel to feedstock for, or derived from, anaerobic digestion processes cannot receive the alternative fuel mixture tax credit, since it is not used in actual energy production
Norway announced October 8 a significant increase in carbon taxes, changes to the rules on the deductibility of bad debts between related companies, and an expansion of the oil industry’s petroleum tax
The Internal Revenue Service ruled on the treatment of a biofuel blender’s income from the sale of renewable identification numbers (RIN) in private letter rulings released on August 10
The European Commission launched December 14 an attempt to harmonize tax systems and other policies in the 27 European Union member states and to remove
Indiana enacted legislation (H.B. 1128) March 16 to repeal the gross retail tax deduction for retail merchants selling E85 fuel, as well as the credit that retailers were entitled to if the deduction exceeded the gross retail tax amount
