Inflation Reduction Act: Answers To Key Questions On Direct Pay And Transferability - Energy Law
As provided in the Inflation Reduction Act (IRA), certain taxpayers may elect for a direct payment in lieu of a tax credit under Section 6417...
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As provided in the Inflation Reduction Act (IRA), certain taxpayers may elect for a direct payment in lieu of a tax credit under Section 6417...
The Inflation Reduction Act of 2022 added Section 6418 to the Internal Revenue Code of 1986, as amended (the “Code”), which allows taxpayers to elect to transfer all or any portion of...
The U.S. Department of the Treasury (Treasury Department) and Internal Revenue Service (IRS) released much-anticipated guidance in the form of two notices of proposed rulemaking (NOPRs)...
The U.S. Department of the Treasury and IRS on June 14, 2023, released two notices of proposed rulemaking (NOPRs) regarding the direct payment of tax credits under Section 6417 of the...
The RE Working Group, reactivated as a result of the comprehensive clean and renewable energy provisions contained in IRA, quickly expanded its ranks to ensure a well-rounded take on industry needs as it responded to the U.S. Department of the Treasury’s (Treasury’s) release of numerous notices requesting public comment concerning energy provisions of the IRA.