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Issues with regulatory-compliant EMV hardware and software to enable most upgrades by 2017 prompted shifting the compliancy deadline. By Pat Pape, Contributing Editor Citing technological and regulatory challenges, Visa, MasterCard and American Express recently announced that the U.S. deadline for installing EMV (Europay, MasterCard and Visa) chip-card readers at automated fuel pumps has been extended…
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A second tax provision important to petroleum marketers includes a renewal of the $1 per gallon biodiesel blenders tax credit for tax year 2017 only. PMAA will have information on reimbursement specifics at a later date. Other credits of importance that were extended retroactively for 2017 are the tax credit for the installation of qualified…
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