Notice 2020-4—which appears in Internal Revenue Bulletin (IRB) 2020-4 (January 21, 2020)—extends for all of 2020 the temporary dyed fuel relief for taxable fuel removals from certain Wisconsin terminals due to the shutdown of the West Shore Pipeline.
The relief applies to Green Bay, Madison, and Milwaukee terminals.
The relief provided by Notice 2020-4 is effective beginning January 1, 2020, and ending December 31, 2020. Read Notice 2020-4 in IRB 2020-4 [PDF 1.27 MB]
The IRS originally provided this excise tax relief in Notice 2017-30. The relief has been extended and expanded two more times, most recently through December 31, 2019, by Notice 2019-4. Read TaxNewsFlash
For more information, contact a tax professional with KPMG’s Excise Tax Practice group:
Taylor Cortright | +1 (202) 533 6188 | firstname.lastname@example.org
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