Finanse publiczne · 20/01/2016

Credit for Indian Coal Production and Inflation Adjustment Factor for Calendar Year 2015

The 2015 inflation adjustment factor is used in determining the availability of the credit for Indian coal production under section 45. The Consolidated Appropriations Act, 2016, extends the credit period for the Indian coal production credit from a 9-year period beginning on January 1, 2006, to an 11-year period beginning on January 1, 2006, making it effective for coal produced in the United States or a possession thereof after December 31, 2014.