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A few months ago we wrote about Congress utilizing the Inflation Reduction Act of 2022 to offer bonus tax credits to certain energy facilities for meeting specified "domestic content" requirements.
For years, domestic content requirements have been a point of pain and frustration for government contractors. Historically, these regimes typically come in the form of the proverbial...
Inflation Reduction Act of 2022 Congress has taken a unique approach by authorizing Department of Treasury to use country of origin offering certain energy facilities bonus tax credits for meeting domestic content requirements. Congress relied heavily on Buy America regulations.