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IRS Releases Guidance On Energy Community Credit Adder - Oil, Gas & Electricity

On April 4, 2023, the Department of Treasury (the "Treasury") and the Internal Revenue Service (the "IRS") released Notice 2023-29.

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IRS Releases Guidance on Energy Community Credit Adder | Foley & Lardner LLP

On April 4, 2023, the Department of Treasury (the “Treasury”) and the Internal Revenue Service (the “IRS”) released Notice 2023-29 (the “Notice”) providing a high-level overview of the.

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IRS Guidance on Energy Community Credit Adder

Department of Treasury and Internal Revenue Service IRS released Notice 2023-29 providing high-level overview of the rules they intend to include in forthcoming proposed regulations for determining what constitutes energy community” under Section 45b11B of the Code.

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