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Treasury, IRS Release Guidance On Section 45V Hydrogen Production Tax Credit: Can The Agencies Balance Economic Practicality And Environmental Responsibility? - Renewables

On Dec. 22, 2023, well after the deadline established by Congress, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) released their notice...
White House District Of Columbia United States Department Of Energy Rachel Fakhry Additionality Incrementality
Source: mondaq.com

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IRS Releases Reporting Requirements for EV Manufacturers and Sellers

IRS released Revenue Procedure 2022-42 EV Guidance, which sets forth reporting requirements for manufacturers and sellers of new or previously owned clean vehicles or qualified new commercial clean vehicles that are eligible for tax credits under Internal Revenue Code.
United States Revenue Procedure Internal Revenue Code Sections Inflation Reduction Act Clean Air New Clean

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