The IRS and the Treasury Department issued proposed regulations on December 26, 2023 (Proposed Regulations), providing guidance on the clean hydrogen production tax credit under Section.
Lawmakers and green groups often allied with the Biden administration are taking aim at a recent White House proposal dictating future green energy tax credits.
The proposed regulations go beyond the use of the GREET model by requiring the use of “energy attribute certificates” (EACs) to prove eligibility for the credit under section 45V of the.
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