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Inflation Reduction Act (IRA) New Rules Internal Revenue Service

Perkins Coie

IRS Clean Vehicle Tax Credit Rule Adds Hurdles for Domestic Electric Vehicle Manufacturing

Perkins Coie on

The Internal Revenue Service (IRS) published a final rule on May 6, 2024, defining eligibility requirements for the clean vehicle credit under Section 30D of the Internal Revenue Code, enacted by the Inflation Reduction Act...more

Ballard Spahr LLP

IRS Issues Guidance on Clean Energy Tax Credits

Ballard Spahr LLP on

Summary - The IRS recently released guidance with respect to the new tax credit direct payment and transferability rules created under the Inflation Reduction Act enacted last August. The guidance explains how to register...more

Foley & Lardner LLP

New Rules for the EV Tax Credit under the Inflation Reduction Act

Foley & Lardner LLP on

The Internal Revenue Service (IRS) recently released guidance regarding the changes to the Plug-In Electric Drive Vehicle Credit (EV Credit) under Section 30D of the Internal Revenue Code (Code), which was most recently...more

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