Alternative Fuel Tax Deduction

Expired: 12/31/2007

Corporations that sell alternative fuels are allowed a deduction from the gross earnings from sales reported in the corporations' tax returns. The deduction is equal to the total of gross earnings from the sale of alternative fuels when used as motor fuel to operate motor vehicles and when separately metered. This incentive is effective until December 31, 2007. (Reference Rhode Island Code 44-13-5)

Jurisdiction: Rhode Island

Type: State Incentives

Technologies: Biodiesel, Ethanol, EVs, Hydrogen Fuel Cells, Natural Gas, PHEVs, Propane (LPG)

See all Rhode Island Laws and Incentives.