Biodiesel Production Equipment Tax Credits

North Dakota offers a 10% tax credit for biodiesel production/blending equipment costs. Biodiesel is defined by ASTM specifications and blended biodiesel must contain at least 2% biodiesel. Each taxpayer may receive up to $250,000 in credits for all taxable years. The credit under this program may not exceed the taxpayer's liability for the taxable year and each year's creidt amount may be carried forward for up to five taxable years.