Final regulations released to Federal Register: Credit for carbon oxide sequestration under section 45Q

Credit for carbon oxide sequestration under section 45Q

The U.S. Treasury Department and IRS today released for publication in the Federal Register final regulations (T.D. 9944) concerning the credit for carbon oxide sequestration under section 45Q.

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Read the final regulations [PDF 429 KB] (46 pages) as published in the Federal Register on January 15, 2021.

The IRS on January 6, 2021, posted a version of these final regulations on its website, and that version includes the following statement:

This document will be submitted to the Office of the Federal Register (OFR) for publication. The version of the final rule released today may vary slightly from the published document if minor editorial changes are made during the OFR review process. The document published in the Federal Register will be the official document.

Read a computer-generated document [PDF 1.5 MB] that provides a comparison of the version of the final regulations submitted today for publication in the Federal Register against the version posted by the IRS on January 6, 2021. This unofficial document was produced by KPMG for the purpose of showing what changes, if any, were made to the regulations prior to being released to the Federal Register for publication. It has not been reviewed for accuracy.

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