Re: Dyed Fuel

Posted by Redmud on September 03, 2005 at 16:17:47 from (216.167.146.192):

In Reply to: Re: Dyed Fuel posted by Harley on September 03, 2005 at 16:10:25:

At Treasury, the IRS today announced that we have waived a tax regulation that will immediately increase the available supply of diesel fuel nationwide by allowing dyed diesel fuel, which is ordinarily not subject to federal excise taxes because it is intended for off-road use in farm equipment or in government vehicles such as school buses, to be used on-road. This will immediately increase the usable supply of diesel fuel nationwide, which is especially needed in Gulf Coast relief efforts. At a time like this, the tax treatment of fuel is far less important than getting fuel to those who need it, particularly those involved in the transportation of food and medical supplies to those affected by the hurricane.

Follow Ups:

• Re: Dyed Fuel Harley 17:55:27 09/03/05 (0)

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