Companies can now get refunds for taxes paid on dyed diesel fuel

The US Treasury Department has issued new temporary rules for claiming refunds on taxes paid for dyed diesel fuel. These rules clarify who can claim these payments and how they must do it.

Dyed diesel fuel is typically used off-road, like in agriculture or construction, and is exempt from certain federal taxes. Sometimes, this fuel is taxed by mistake. These new rules mean companies that were wrongly taxed can now get their money back more easily, which reduces their operating costs.