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IRS New Release: IR 2023-240: Treasury, IRS issue guidance on Sustainable Aviation Fuel Credit

  • Published on Dec 15, 2023
  • by TXCPA Houston


WASHINGTON — The Treasury Department and Internal Revenue Service today issued Notice 2024-06PDF for the new Sustainable Aviation Fuel (SAF) credit created by the Inflation Reduction Act of 2022.

The SAF credit applies to a qualified fuel mixture containing sustainable aviation fuel for certain sales or uses in calendar years 2023 and 2024.

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