Here is a communication from World Energy about government actions against one of the few biodiesel producers in the Northeast. Be forwarned.
Snip> We run into a lot of small producers who are trying to do the right thing, but I would be remiss if I did not warn about the severity of cutting corners from an IRS or EPA standpoint. Any biodiesel producer or seller needs to understand that any biodiesel used (not sold)as fuel in an on-road vehicle is subject to on-road tax. We have a number of producers around the country who do not want to deal with the tax, and sell it tax exempt. This fuel does often end up in peoples vehicles. Just as you and I pay tax at the pump, it is the user who is ultimately responsible for road tax. We just had a small producer in another state in a similar situation. They own a number of diesel vehicles and have been using it for about a year. They were just hit with bill for $0.31/gallon State excise tax plus penalties and interest for every gallon they have produced. In addition, since the fuel was used in on-road vehicles, the Federal Government can (and most likely will) fine up to $10.00/gallon for every gallon used. The organization in Maine is a non-profit agency and is therefore tax exempt. They also do not sell any fuel to te outside world. Many of these small producers are yet to realize how sad the ending may be. I don't mean to sound rude or abrupt, but the tax consequences can be quite severe. I have already seen it happen once. I think we will see it happen again. ------------------------ Yahoo! Groups Sponsor ---------------------~--> Sell a Home with Ease! http://us.click.yahoo.com/SrPZMC/kTmEAA/MVfIAA/9bTolB/TM ---------------------------------------------------------------------~-> Biofuels at Journey to Forever http://journeytoforever.org/biofuel.html Biofuel at WebConX http://webconx.green-trust.org/2000/biofuel/biofuel.htm List messages are archived at the Info-Archive at NNYTech: http://archive.nnytech.net/ To unsubscribe from this group, send an email to: [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
