Shelby Sumlin

Shelby Sumlin

McGuireWoods LLP

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IRS Issues New Safe Harbor for 10% Domestic Content Bonus

On May 17, 2024, the IRS released Notice 2024-41, which provides new safe harbors for determining certain energy projects’ qualification for the 10% domestic content bonus under the production tax credit (PTC) and investment...more

5/28/2024  /  Energy Projects , Energy Sector , Inflation Reduction Act (IRA) , Internal Revenue Code (IRC) , Investment Tax Credits , IRS , Production Tax Credit , Renewable Energy , Tax Credits
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