Philadelphia Energy Solutions Refining v. US
Case Number:
22-1834
Court:
Nature of Suit:
Companies
Sectors & Industries:
-
January 03, 2024
Fed. Circ. Shoots Down Bid To Revive $550M In Fuel Credits
The Federal Circuit on Wednesday denied a Philadelphia energy company $550 million in tax credits reserved for alternative fuels, becoming the third appellate court to conclude that a mixture of butane and gasoline doesn't qualify as an alternative fuel mixture.
-
November 07, 2023
Fed. Circ. Questions Bid To Revive $550M In Fuel Credits
Federal Circuit judges questioned a Philadelphia energy company's bid to revive its claim to $550 million in tax credits for making alternative fuel, saying during oral arguments Tuesday that the company faced several problems, including that its fuel mixture included taxable components.
-
December 08, 2022
Fed. Circ. Urged To Deny $550M In Credits For Biz's Fuel Mix
A Philadelphia energy company should not be allowed to claim $550 million in tax credits reserved for alternative fuels for simply mixing butane into its gasoline, the government told the Federal Circuit on Thursday, urging it to uphold a U.S. Court of Federal Claims decision.
-
September 09, 2022
Energy Co. Asks Fed. Circ. To Rethink $550M In Tax Credits
A Philadelphia energy company asked the Federal Circuit on Friday to overturn a lower-court decision denying it $550 million in tax refunds for alternative fuel mixtures tax credits, saying the court wrongly excluded butane from classification as an alternative fuel.