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IRS Updates PTC and ITC Domestic Content Bonus Guidance

IRS Updates PTC and ITC Domestic Content Bonus Guidance
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IRS Updates PTC and ITC Domestic Content Bonus Guidance | Akin Gump Strauss Hauer & Feld LLP

On May 16, 2024, the Internal Revenue Service (IRS) issued further guidance (Notice 2024-41, the Additional Notice) intended to provide clarity and certainty surrounding the domestic. ....

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IRS Extends Solar Subsidies Up To 4 Years!

IRS Extends Solar Subsidies Up To 4 Years!
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IRS Issues Guidance for Developers, Investors Seeking to Qualify for Energy Community Bonus Credits Under Inflation Reduction Act | Insights

On April 4, the Internal Revenue Service issued Notice 2023-29 (the Notice), which describes certain rules the IRS intends to include in proposed regulations for qualifying for the energy community bonus production tax credit (PTC) rate and investment tax credit (ITC) amount under the Inflation Reduction Act of 2022 (IRA). ....

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Inflation Reduction Act: New Guidance On Energy Communities Bonus Credits - Government Contracts, Procurement & PPP

The Inflation Reduction Act of 2022 (the IRA) amended the rules relating to the production tax credit (the PTC) and the investment tax credit (the ITC) to provide increased credit amounts. ....

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