News & Analysis as of

Manufacturers Inflation Reduction Act (IRA) Clean Energy

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

Womble Bond Dickinson

WBD Energy Survey and the Innovation Interchange: The Energy Transition for Non-Energy Companies

Womble Bond Dickinson on

Energy is the cornerstone of our society and its availability, or lack thereof, touches every corner of our lives and impacts every business, regardless of sector. The availability of affordable energy on-demand is essential...more

Mintz - ML Strategies

Businesses to Get Boost from $8.8B Home Energy Rebates Program — Home Energy Rebates Demystified (Part 1)

Mintz - ML Strategies on

For firms in the United States, the Inflation Reduction Act (IRA) has released a flood of funding for clean energy demonstration and deployment. Tens of billions of dollars in the form of direct grants and loans have been...more

Pillsbury Winthrop Shaw Pittman LLP

Treasury Department and IRS Issue Proposed Regulations on the Advanced Manufacturing Production Credit under Section 45X of the...

The proposed regulations provide important clarity on the distinction between substantial and superficial modification for purposes of determining eligible components produced by the taxpayer, along with guidance as to...more

Jackson Lewis P.C.

Energy, Infrastructure, Domestic Manufacturing: Immigration System to Meet Labor Needs

Jackson Lewis P.C. on

As the United States carries out projects funded by the Infrastructure Investment and Jobs Act, the Inflation Reduction Act, and the Creating Helpful Incentives to Produce Semiconductors (CHIPS) Act, the manufacturing...more

Harris Beach PLLC

New Guidance on Inflation Reduction Act Credit for Advanced Energy Projects

Harris Beach PLLC on

On May 31, 2023, the Internal Revenue Service (“IRS”) released Notice 2023-44 (the “Notice”), which provides additional information regarding the Qualifying Advanced Energy Project Credit Allocation Program under § 48C (e) of...more

Baker Donelson

Impact of New IRS Guidance for the Domestic Content Bonus in the Inflation Reduction Act

Baker Donelson on

On May 12, the Department of Treasury and the Internal Revenue Service (IRS) issued guidance (Notice 2023-38PDF) providing clarity on how taxpayers installing wind, solar, energy storage, and other clean energy projects can...more

Pierce Atwood LLP

MADE IN THE USA: IRS Issues Inflation Reduction Act Guidance to Encourage American Manufacturing

Pierce Atwood LLP on

On May 12, 2023, the IRS issued guidance on the domestic content bonus requirements under the Inflation Reduction Act of 2022 (IRA) in Notice 2023-38 (the “Guidance”). Although the Guidance comes as a relief for clean...more

Eversheds Sutherland (US) LLP

Treasury and the IRS provide initial guidance on section 48C ITC for manufacturers

On February 13, 2023, the Department of Treasury (Treasury) and the Internal Revenue Service (IRS) issued Notice 2023-18 (Notice), which establishes the program to allocate $10 billion of tax credits that were added by the...more

Wiley Rein LLP

[Webinar] 2023 Federal Infrastructure Series: Following The Money: An Update On Federal Infrastructure Programs - February 28th,...

Wiley Rein LLP on

Please join us for the inaugural episode of Wiley’s Federal Infrastructure Webinar series, a series of webinars that will bring together attorneys from across the firm to discuss current developments relating to the federal...more

Baker Donelson

Inflation Reduction Act of 2022 – Guidance for New Tax Credits for Clean Energy Manufacturers Coming Soon

Baker Donelson on

Manufacturers should consider seeking Section 48C Advanced Energy Project Credit allocations, recently provided by the Inflation Reduction Act, with guidance coming out in February 2023. Capped at $10 billion, this is a...more

Mintz - Energy & Sustainability Viewpoints

Last Call: Public Comments on Inflation Reduction Act Clean Energy Tax Incentives Are Requested By November 4

On October, 5, 2022, the U.S. Department of Treasury (Treasury) and Internal Revenue Service (IRS) published six Notices requesting public comments by November 4, 2022 on certain of the clean energy tax incentives included in...more

Wiley Rein LLP

[Webinar] 2022 International Trade Series - U.S. and China Trade Relations Update - September 29th, 1:00 pm - 2:00 pm EDT

Wiley Rein LLP on

Please join us for an examination of several current and material trade, sanction, and competition matters between the United States and China. Topics to be discussed include: - The Phase 1 Agreement (important...more

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