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Inflation Reduction Act (IRA) Transfers Production Tax Credit

Womble Bond Dickinson

IRS Publishes Final Regulations for Transfer of Certain Credits

Womble Bond Dickinson on

The Inflation Reduction Act of 2022 added Section 6418 to the Internal Revenue Code (the “Code”) to allow taxpayers to sell certain Federal income tax credits....more

Vinson & Elkins LLP

Transfer Away! Treasury Releases Preliminary Ground Rules for Tax Credit Transfers

Vinson & Elkins LLP on

On June 14, 2023, the Department of the Treasury (the “Treasury”) and the Internal Revenue Service (the “Service”) issued proposed and temporary regulations regarding the transfer elections for certain tax credits available...more

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