Last week, the Internal Revenue Service (“IRS”) and Department of the Treasury published proposed regulations (the “Proposed Regulations”) relating to the tax credit for production of clean hydrogen under Section 45V of the...more
12/29/2023
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Apprenticeships ,
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Department of Energy (DOE) ,
Greenhouse Gas Emissions ,
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Internal Revenue Code (IRC) ,
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Low Carbon Fuel Standard ,
Prevailing Wages ,
Production Tax Credit ,
Proposed Regulation ,
Renewable Fuel Standard ,
U.S. Treasury ,
Verification Requirements
The Internal Revenue Service (IRS) and Department of the Treasury earlier this month released final regulations (the “Low-Income Community Bonus Credit Rules”) relating to the low-income community bonus credit pursuant to...more
On February 13, 2023, the Department of Treasury and the Internal Revenue Service released Notice 2023-17, providing a high-level overview of the program to be established under Section 48(e) of the Internal Revenue Code (the...more