The US Department of the Treasury and the Internal Revenue Service (IRS) have released final rules for the Clean Electricity Investment and Production Tax Credits.
In its final ruling, domestic manufacturing of solar ingots and wafers have been included with a 25% tax credit under Section 48D of the Advanced Manufacturing Investment Credit rules.
The US government has proposed new regulations regarding tax credits for the owners of renewable energy and energy storage facilities eligible for support under the Inflation Reduction Act (IRA).
Last week the US Department of Treasury and Internal Revenue Service (IRS) released guidance on tax credits included in the Inflation Reduction Act (IRA), which allow state and local governments, nonprofits and other entities to benefit from renewable energy tax breaks.
The Internal Revenue Service (IRS) has issued a wage and apprentice guidance under the Inflation Reduction Act (IRA) that is set to start for US projects initiated in 30 January 2023.