Prime Inc. Files $11M Refund Claim Against IRS Over Fuel Tax Interpretation
Trucking company Prime Inc. is seeking a refund of over $11 million from the IRS, claiming that fuel used for refrigeration units on its trailers should be considered non-taxable under current tax regulations. The dispute centers around whether this type of fuel usage qualifies as 'off-highway' and thus eligible for an income tax credit.
Topics: fuel tax credit IRS legal complaint trucking industry