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Credit for Carbon Oxide Sequestration

tax-irs · IRS · Rule · Published 2021-01-15 · Effective 2021-01-13 · 86 FR 4728

Document

Document number
2021-00302
Federal Register citation
86 FR 4728
CFR reference
26 CFR 1
Type
Rule
Action
Final regulations.
Category
tax-irs
Sub-agency
IRS
Publication date
2021-01-15
Effective date
2021-01-13
Treasury docket
TD9944

Abstract

This document contains final regulations that provide guidance regarding the credit for carbon oxide sequestration under section 45Q of the Internal Revenue Code (Code). These final regulations affect persons who physically or contractually ensure the capture and disposal of qualified carbon oxide, use of qualified carbon oxide as a tertiary injectant in a qualified enhanced oil or natural gas recovery project, or utilization of qualified carbon oxide in a manner that qualifies for the credit.

Source

Authoritative
Federal Register document
Machine
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