2011-8230. Publication of Inflation Adjustment Factor, Nonconventional Source Fuel Credit, and Reference Price for Calendar Year 2010

AGENCY:

Internal Revenue Service (IRS), Treasury.

ACTION:

Notice.

SUMMARY:

Publication of the inflation adjustment factor, nonconventional source fuel credit, and reference price for calendar year 2010 as required by section 45K of the Internal Revenue Code (26 U.S.C. 45K). The inflation adjustment factor and reference price are used to determine the credit allowable under section 45K for coke or coke gas (other than from petroleum based products) for calendar year 2010.

DATES:

The 2010 inflation adjustment factor, nonconventional source fuel credit, and reference price apply to coke or coke gas (other than from petroleum based products) sold during calendar year 2010.

Inflation Adjustment Factor: The inflation adjustment factor for coke or coke gas for calendar year 2010 is 1.1435.

Credit: The nonconventional source fuel credit for coke or coke gas for calendar year 2010 is $3.43 per barrel-of-oil equivalent of qualified fuels.

Reference Price: The reference price for calendar year 2010 is $74.71. The phase-out of the credit does not apply to coke or coke gas.

FOR FURTHER INFORMATION CONTACT:

For questions about how the inflation adjustment factor is calculated—

Wu-Lang Lee, RAS:R:TSBR, Internal Revenue Service, 1111 Constitution Avenue, NW., Washington, DC 20224, Telephone Number [phone] (not a toll-free number).

For all other questions about the credit or the reference price—

Martha McRee, CC:PSI:6, Internal Revenue Service, 1111 Constitution Avenue, NW., Washington, DC 20224, Telephone Number [phone] (not a toll-free number).

Dated: March 31, 2011.

Curt G. Wilson,

Associate Chief Counsel, Passthroughs and Special Industries.