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Troutman Pepper

Treasury and IRS Issue Additional Domestic Content Guidance Under IRA and New Elective Safe Harbor

Troutman Pepper on

On May 16, the Treasury Department (Treasury) and the Internal Revenue Service (IRS) issued Notice 2024-41, which modifies Notice 2023-38 (Prior Guidance) by expanding the list of Applicable Projects (defined below) to...more

Pillsbury Winthrop Shaw Pittman LLP

American Jobs Plan Proposes $2 Trillion in Infrastructure Spending

Pillsbury Winthrop Shaw Pittman LLP on

President Biden’s American Jobs Plan includes ambitious spending proposals and modifications of the tax code that will affect businesses in all sectors of the U.S. economy. President Biden announced the American Jobs Plan...more

Foley & Lardner LLP

Factors Enabling Traditional Auto Manufacturers to Enter the Electric Vehicle Space

Foley & Lardner LLP on

Yesterday, Porsche debuted its first electric vehicle, Taycan. With a 670 horsepower engine, the Taycan Turbon model can accelerate from 0 to 60 mph in less than 3 seconds. On its test run on the 12.8 mile Nürburgring track,...more

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