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United States - Renewables - IRS Updates PTC And ITC Domestic Content Bonus Guidance

United States - Renewables - IRS Updates PTC And ITC Domestic Content Bonus Guidance
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Best Practices for Solar and Wind Projects in a Prevailing Wage and Apprenticeship Era | Clark Hill PLC

For any renewable energy project 1MWac or larger, the Inflation Reduction Act adds new qualifications to obtain the full 30% Investment Tax Credit and Production Tax Credit (rather than. ....

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IRS Publishes Critical Prevailing Wage and Apprenticeship Requirement Guidance for IRA Tax Credits | Morgan Lewis

The Internal Revenue Service (IRS) published Notice 2022-61 (the Notice) in the November 30 Federal Register to provide guidance on the key prevailing wage and apprenticeship labor. ....

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Claiming deductions post-work test changes

Clients are still going to need to meet the work test if they want to claim a deduction for a personal contribution despite the removal of the work test for voluntary contributions to superannuation up to age 74. ....

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