On August 10, 2023, the IRS issued T.D. 9979 (the "Final Regulations") and Revenue Procedure 2023-27 (the "Revenue Procedure"). The Final Regulations and the Revenue Procedure address.
The Inflation Reduction Act of 2022 (IRA) will be a game changer for the energy industry. This guide focuses on those issues of particular significance to the energy industry; it is not.