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Inflation Reduction Act Becomes Law - Tax Authorities

J. Brian Davis Keith C. Durkin Kevin R. Edgar Michael A. Ferguson Adam J. Higgins Morgan W. Holtman Christian B. Jones Nicholas C. Mowbray Jeffrey H. Paravano Alexander L. Reid Paul M. Schmidt.

United statesUnited kingdomKamala harrisJoe bidenTennessee valley authorityForeign corporationHome energy savings retrofit rebate programOrganization for economicEuropean parliamentForeign corporation an applicableCongressional research servicePetroleum productsAlaska native corporationApplicable foreign corporationGreen energySuperfund excise taxes on crude oil

Nelson Mullins Tax Report – Senate Passes Inflation Reduction Act | Nelson Mullins Riley & Scarborough LLP

On August 7, 2022, the Senate passed the budget reconciliation bill known as the Inflation Reduction Act. The legislation includes several key tax provisions, and addresses health.

United statesJanet yellenNelson mullinsModification of new energy efficient home creditRenewable energyModification of nonbusiness energy property creditAlaska native corporationEnergy storage technologyTennessee valley authorityExtension of the advanced energy project creditHuman servicesModification of energy efficient commercial buildings deductionNelson mullins riley scarboroughTreasury departmentCredit for production of clean hydrogenCommittee on taxation

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