The IRS today released an advance version of Notice 2019-04 that extends for all of 2019 the temporary dyed fuel relief for taxable fuel removals from certain Wisconsin terminals due to the shutdown of the West Shore Pipeline.
The relief applies to Green Bay, Madison, and Milwaukee terminals.
The relief provided by Notice 2019-04 [PDF 13 KB] is effective beginning January 1, 2019, and ending December 31, 2019.
In April 2018, the IRS issued Notice 2018-39 to extend and expand relief provided by Notice 2017-30. The extended relief is available through December 31, 2018.
For more information, contact a tax professional with KPMG’s Excise Tax Practice group:
Taylor Cortright | +1 (202) 533 6188 | tcortright@kpmg.com
Deborah Gordon | +1 (202) 533 5965 | dkgordon@kpmg.com