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PTC And ITC Domestic Content Bonus Guidance Issued - Renewables

On May 12, 2023, the Internal Revenue Service (IRS) issued initial guidance (Notice 2023-38, the Notice) outlining how taxpayers can qualify for the domestic content bonus credit amounts.

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Impact of New IRS Guidance for the Domestic Content Bonus in the Inflation Reduction Act | Baker Donelson

On May 12, the Department of Treasury and the Internal Revenue Service (IRS) issued guidance (Notice 2023-38PDF) providing clarity on how taxpayers installing wind, solar, energy.

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IRS Domestic Content Bonus Credit under the IRA

Inflation Reduction Act of 2022 the IRA incl domestic content bonus credit DC Bonus and added tax credit for renewable energy and storage projects constructed wit US sourced materials, the Domestic Content Requirement, Build America Requirements need domestic steel and Iron

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