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The Inflation Reduction Act – Key Tax Considerations | Insights

Published: September 12, 2022

On Aug. 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022 (IRA). This GT Alert provides a high-level summary of key tax provisions of the IRA.

Source: gtlaw.com

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United StatesJanet YellenRevenue ServiceForeign CorporationMultinational GroupTreasury DepartmentCommittee On TaxationGreen EnergyNational Bureau Of Economic ResearchCongressional Budget OfficePresident BidenInflation Reduction ActCorporate Alternative Minimum TaxInternal Revenue ServicePercent Excise TaxInternal Revenue CodeExcise TaxCertain Foreign CorporationsCode SectionSpecial Purpose Acquisition CorporationsPrivate InvestmentPublic EquityIncome TestForeign Parented Multinational GroupControlled Foreign Corporation