Biofuels Notch Win with IRS Proposal, Await Further Guidance

Tax attorney Amish Shah was mentioned in a Bloomberg Law article about the IRS' proposed regulations to implement the Section 45Z clean fuel production tax credit (PTC) and the biofuels industry's push for additional guidance on how the credit will be calculated. The article reported that the proposal revises prior guidance limiting qualified sales to end users, a change that could better align with common industry practices and provide greater certainty for producers and credit market participants. Mr. Shah predicted the updated provision will increase buyer interest in 2026 after earlier guidance initially contributed to hesitation in the market.

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