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Technology Tax Credits Internal Revenue Service

DarrowEverett LLP

New Domestic Content Adder Guidance: ‘Buy American’ is Back

DarrowEverett LLP on

On May 16, 2024, the Department of the Treasury and the IRS announced the release of Notice 2024-41, which clarifies the safe harbor for classification of project components created in Notice 2023-38 and provides a new safe...more

Perkins Coie

Domestic Content Adder Guidance: Hits and Misses

Perkins Coie on

The U.S. Department of the Treasury (Treasury) issued Notice 2023-38 (the Notice) on May 12, 2023, which contains the first rules concerning the domestic content bonus credits for renewable electricity, renewable natural gas,...more

Miller Canfield

The IRS Achievement: No One Gets Research Credits

Miller Canfield on

A Treasury regulation provides that a researcher performing technological research for its customer is not entitled to federal income tax credits for the cost of the research if the researcher does not retain substantial...more

McDermott Will & Emery

Key Takeaways | Technology-Neutral Tax Credits: When Will ITC and PTC Disappear?

McDermott Will & Emery on

During this webinar, McDermott Partners Heather Cooper and Joel Hugenberger hosted Jay Chang, managing director at CCA Group, for a discussion on how the new technology-neutral tax credit will work and how it may impact the...more

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