Biodiesel and Renewable Diesel Sales Equipment Tax Credit
Qualified retailers may be eligible for a corporate income tax credit of 10% of the direct costs incurred to adapt or add equipment to a facility so that it may sell diesel fuel containing at least 2% biodiesel or renewable diesel. A retailer may only claim the credit for up to five years and is limited to $50,000 in cumulative credits for all taxable years. The biodiesel or renewable diesel must meet applicable ASTM standards.
(Reference North Dakota Century Code 57-38-01.23)
Jurisdiction: North Dakota
Type: State Incentives
Amended: Apr 18, 2013
Technologies: Biodiesel, Renewable Diesel
See all North Dakota Laws and Incentives.