The US Treasury Department and the IRS provided practical administrative rules for the carbon capture and sequestration tax credit.
Key Points:
..The IRS finalized the third set of rules in a series of regulatory guidance...more
1/22/2021
/ Carbon Capture and Sequestration ,
Carbon Emissions ,
Climate Change ,
Energy Projects ,
Energy Sector ,
Final Rules ,
IRS ,
Popular ,
Renewable Energy ,
Tax Credits ,
U.S. Treasury
The Treasury Department and the IRS provided practical administrative rules for the carbon capture and sequestration tax credit.
Key Points:
..These rules are the third in a series of regulatory guidance issued by the IRS...more
Notice 2020-41 gives renewable energy developers more time to complete projects and eases technical requirements of the 3 ½ month rule.
Key Points:
..Developers who started construction in 2016 or 2017 now have five years...more