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On May 16, the Treasury Department (Treasury) and the Internal Revenue Service (IRS) issued Notice 2024-41, which modifies Notice 2023-38 (Prior Guidance) by expanding the list of...
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...
Internal Revenue Service IRS and Department of the Treasury issue guidance on requirements to qualify for the domestic content bonus tax credit under PTC
On May 16, 2024, the Internal Revenue Service (IRS) published Notice 2024-41 (Notice), which modifies Notice 2023-38 (Prior Notice) by providing a new elective safe harbor (Safe Harbor)...
Updated Internal Revenue Service IRS guidance for Inflation Reduction Act IRA Domestic Content Elective Safe Harbor, including review of notice 2024-41