25 March 2025 External T.I. 2024-1039131E5 - CCUS - "actual eligible use percentage" -- summary under Subsection 211.92(6)

Carbon captured at Aco’s industrial facilities was then transported through the pipeline of Bco, for delivery to the carbon sequestration hub of Cco. However, significant unanticipated fugitive emissions of the captured carbon occurred on the pipeline, which constituted an “ineligible use” of the captured carbon as defined in s. 127.44(1).

CRA indicated that it was “the end use of captured carbon that should be used in quantifying the amount of captured carbon in both eligible and ineligible use” for purposes of the definition of "actual eligible use percentage" (so that Aco would be required to look at the capture in the hands of Cco). However, as the unanticipated fugitive emissions occurred within Bco’s pipeline transportation network, “Aco may be able to avail itself of the relief provided in subsections 211.92(6) and (7) … because such emissions would likely be due to extraordinary circumstances outside of the control of Aco.”

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