qualified refinery
Defined in 1 place of the United States Code.
For purposes of this section, the term “qualified refinery” means any refinery located in the United States which is designed to serve the primary purpose of processing liquid fuel from crude oil or qualified fuels (as defined in section 45K(c)).
Source
- 2005–200826 U.S.C. § 179CInternal Revenue Code · Election to expense certain refineries · for purposes of this section
For purposes of this section, the term “qualified refinery” means any refinery located in the United States which is designed to serve the primary purpose of processing liquid fuel from crude oil or qualified fuels (as defined in section 45K(c)), or directly from shale or tar sands.
Source
- 2008–present26 U.S.C. § 179CInternal Revenue Code · Election to expense certain refineries · for purposes of this section