The Alternative Fuel Vehicle Refueling Property Credit available under Section 30C of the U.S. Internal Revenue Code of 1986, as amended (the “Code” and such credit, the “Section 30C Credit”), was originally enacted by the...more
9/27/2024
/ Alternative Fuels ,
Automotive Industry ,
CDFI Fund ,
Census Bureau ,
Eligibility ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
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Motor Vehicles ,
NMTC ,
Proposed Regulation ,
Regulatory Agenda ,
Tax Credits ,
Tax Exempt Entities ,
Tax Reform ,
U.S. Treasury
The Inflation Reduction Act of 2022 added Section 6417 to the Internal Revenue Code of 1986, as amended (the “Code”). Under this new section, certain taxpayers may make an elective payment, which will treat certain eligible...more