Refundable tax credit application for sellers of higher blend ethanol gasoline is now available.
The Nebraska Higher Blend Tax Credit Act Application, Form HBTC-A, will be accepted beginning August 1, 2022. Nebraska retail dealers who sold and dispensed E-15 or higher ethanol blends of gasoline at their retail sites during the 2021 calendar year are eligible to receive refundable tax credits.
The Nebraska High Blend Tax Credit Act was approved by Governor Ricketts earlier this year.
The application and instructions can be found on the Nebraska Higher Blend Tax Credit landing page at https://bit.ly/3nLTvlS.
Categories: Nebraska, Business