tag:blogger.com,1999:blog-6615285628064623043.post972507289964840803..comments2024-03-27T22:06:35.339-10:00Comments on Dead Tree Edition: IRS Brings Son of Black Liquor Back From the Dead; Ruling May Be Worth Billions to U.S. Pulp MakersD. Eadward Treehttp://www.blogger.com/profile/01300353143826844617noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6615285628064623043.post-24385256802660947292010-08-30T14:34:15.884-10:002010-08-30T14:34:15.884-10:00Correct, New Page would not benefit from the new c...Correct, New Page would not benefit from the new credit. However, a profitable company could aquire them and then use the credit.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6615285628064623043.post-35711865132654485822010-07-20T06:53:59.375-10:002010-07-20T06:53:59.375-10:00This is a tax credit, right, not the direct cash p...This is a tax credit, right, not the direct cash payment that paper makers got in 2009 through the black liquor subsidy? So, a company like NewPage wouldn't get anything because they're losing money and thus there's no tax liability? I assume you have to have income that's taxed to get benefit from the tax break. NewPage lost $300 million in 2009 (even after you count the $300 Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6615285628064623043.post-85350430462906210492010-07-16T09:18:45.111-10:002010-07-16T09:18:45.111-10:00There is absolutely no doubt that taking advantage...There is absolutely no doubt that taking advantage of this resuscitated loop-hole will be damaging to the environment, increase climate change impacts, and hurt the recycled paper industry. <br /><br />Environmentally responsible paper companies should publicly state that they will not participate and will not take advantage of this loop-hole. The EPA should figure out some way to close this IRS Frank Locantorenoreply@blogger.com