Ok people, lets take it with a large grain of salt until we can get the specific law about it directly from the IRS. When I say specific law, I mean right down the page, paragraph, and sentence number. I say this because even the IRS will admit, that anything that their agents tell you, is not law if another agent says otherwise, and they go further to say that the agents who gave you the information, can not be held responsible if they are wrong and it results in you not paying the proper tax, and you end up having to pay fines or worse.
Greg H. ----- Original Message ----- From: "Ken Provost" <[EMAIL PROTECTED]> To: <biofuel@yahoogroups.com> Sent: Sunday, November 24, 2002 17:10 Subject: [biofuel] Excise tax on Biodiesel In case anyone hasn't been to the greascar site lately, they have an interesting blurb that the IRS wrote back to a California co-op about US Federal taxes. Here it is: No Federal Excise tax on biodiesel or SVO if you use less than 400 gallons per quarter. State of California has no policy. No taxes due at this time. Suggests you keep records :-). Details here: http://www.greasecar.com/ Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Biofuels list archives: http://archive.nnytech.net/ Please do NOT send Unsubscribe messages to the list address. To unsubscribe, send an email to: [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/ Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Biofuels list archives: http://archive.nnytech.net/ Please do NOT send Unsubscribe messages to the list address. To unsubscribe, send an email to: [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
