On March 31, the Treasury Department and the Internal Revenue Service (IRS) released proposed regulations under Section 30D of the Internal Revenue Code (Code), focusing primarily on the critical mineral and battery component...more
The Inflation Reduction Act of 2022, Public Law 117-169, created three new electric vehicle (EV) tax credits -
- the clean vehicle tax credit (Section 30D) for consumers;
- the commercial clean vehicle tax credit...more