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IRS and Treasury Department Release Initial Guidance for Labor Requirements under Inflation Reduction Act | Bracewell LLP

On November 30, 2022, the IRS and the Treasury Department published Notice 2022-61 (the Notice) in the Federal Register. The Notice provides guidance regarding the prevailing wage...

United-states , Treasury-department , Code-the-hydrogen , Hour-division , Department-of-labor , Prevailing-wage-requirements , Apprenticeship-requirements , Labor-requirements , Internal-revenue-code , Inflation-reduction-act , Vehicle-refueling

IRS And Treasury Department Release Initial Guidance For Labor Requirements Under Inflation Reduction Act - Employee Benefits & Compensation

On November 30, 2022, the IRS and the Treasury Department published Notice 2022-61 (the Notice) in the Federal Register. The Notice provides guidance regarding the prevailing wage...

United-states , Treasury-department , Code-the-hydrogen , Department-of-labor , Prevailing-wage-requirements , Apprenticeship-requirements , Internal-revenue-code , Inflation-reduction-act , Vehicle-refueling , Clean-electricity , Labor-requirements

IRA Prevailing Wage and Apprentice Requirements for Clean Energy Tax Credits

Inflation Reduction Act of 2022 IRA under IRS and Treasury Depart Notice 2022-61 for Apprenticeship Requirements, Prevailing Wage Requirements, Labor Requirements which a taxpayer must satisfy to be eligible for increased amounts of the following clean energy tax credits

United-states , Treasury-department , Code-the-hydrogen , Hour-division , Department-of-labor , Prevailing-wage-requirements , Apprenticeship-requirements , Labor-requirements , Internal-revenue-code , Inflation-reduction-act , Vehicle-refueling

General Overview of the Inflation Reduction Act of 2022 | Bracewell LLP

On Tuesday, August 16, President Biden signed the Inflation Reduction Act of 2022 (the Act) into law, which includes material changes to various sections of the Internal Revenue Code of...

United-states , Energy-communities-bonus , Election-to-claim-hydrogen , Creation-of-technology , Energy-communities , Expansion-of-the-advanced-energy-project-credit , Code-the-hydrogen , Energy-community , Income-community , Creation-of-production-tax-credit-for-hydrogen , Energy-storage-technology