Martha Pugh

Martha Pugh

K&L Gates LLP

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The Department of Treasury Releases Direct Pay Guidance on Clean Energy Tax Credits

Final Rules Address Eligibility and Process; Proposed Rules Provide Workaround Allowing Tax Exempts to Partner With Others on Projects - The Department of Treasury (Treasury) and the Internal Revenue Service (IRS) recently...more

4/11/2024  /  Clean Energy , Energy Projects , Income Taxes , Infrastructure , IRS , Proposed Regulation , Regulatory Oversight , Tax Credits , Tax Exempt Entities , U.S. Treasury

Treasury and IRS Propose Regulations for Inflation Reduction Act's Low-Income Communities Bonus Credit Program

On 1 June 2023, the US Department of the Treasury (Treasury) and Internal Revenue Service (IRS) issued a notice of proposed rulemaking (NOPR) regarding the Low-Income Communities Bonus Credit Program (Program) established...more

6/12/2023  /  Energy Projects , Energy Sector , Inflation Reduction Act (IRA) , Infrastructure , Internal Revenue Code (IRC) , IRS , Tax Credits , U.S. Treasury
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