Member Login

Enter your Login Information User ID Password Forgot Password? Please Click here

WR logo

IRS Releases Guidance on the Biodiesel Tax Credits, Oil Spill Liability Tax 

March 9, 2018

On March 7th, the Internal Revenue Service (IRS) released guidance implementing a provision of the Bipartisan Budget Act of 2018 that allows blenders of biofuel to claim a $1.00 per gallon tax credit. In addition, the notice provides guidance for the extension of the Oil Spill Liability Tax (OSLT), the proceeds of which go into a trust fund that pays for Coast Guard training programs and is also available to be used in the case of an oil spill. ...






SIGMA Highlights

SIGMA: America's Leading Fuel Marketers is the national trade association representing fuel marketers and convenience store chain retailers in the United States and Canada. Our approximately 260 corporate members command nearly 50 percent of the petroleum retail market, selling approximately 80 billion gallons of motor fuel each year.