US Venture Inc v. United States of America

1:18-cv-01757

March 23, 2020
Energy Co. Denied In Bid For $33M Alternative Fuel Tax Credit

Energy company U.S. Venture isn't entitled to $33 million in alternative fuel mixture tax credits for creating fuel mixtures containing butane because tax laws and regulations exclude butane from qualifying for the credits, a Wisconsin federal judge said Monday.
March 16, 2020
Energy Co. Should Get $33M For Butane Mixtures, Court Told

A Wisconsin fuel company should have received more than $33 million in excise tax refunds because mixtures it made with butane were eligible for alternative fuel credits, the company recently told a Wisconsin federal court.
February 14, 2020
US Asks Court To Toss Fuel Co.'s $8M Tax Refund Bid

A Wisconsin fuel company isn't entitled to $8 million in tax refunds it claimed for using butane in alternative fuel mixtures because the alternative fuel mixture credit specifically bars butane mixtures, the U.S. government told a federal court Friday.
November 06, 2018
Wis. Alternative Fuel Co. Seeks $34M Excise Tax Refund

The Internal Revenue Service wrongfully denied a Wisconsin alternative fuel company almost $34 million in excise tax refunds because it wrongfully excludes butane from fuels qualifying for a tax credit, the company said in a federal district court suit filed Monday.