Articles
IRA Update: IRS Announces Updated Reference Standard for Energy Efficient Commercial Building Property Deduction Under Section 179D
USA - December 28 2022 On Friday, December 23, 2022, the IRS published Announcement 2023-1, 2023-1 IRB 1 (the "Announcement"), which sets forth a new reference standard for…
IRA Update: IRS Releases Reporting Requirements for EV Manufacturers and Sellers
USA - December 21 2022 On Monday, December 12, 2022, the IRS released Revenue Procedure 2022-42 (the “EV Guidance”), which sets forth reporting requirements for…
Public Comments Requested on Additional Aspects of the IRA Clean Energy Tax Incentives, including Clean Hydrogen Production, Carbon Capture and Sequestration, Clean Commercial Vehicles and EV Charging Stations
USA - November 7 2022 On November 3, 2022, the U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) released three Notices requesting public…
Last Call: Public Comments on Inflation Reduction Act Clean Energy Tax Incentives Are Requested By November 4
USA - November 3 2022 On October, 5, 2022, the U.S. Department of Treasury (Treasury) and Internal Revenue Service (IRS) published six Notices requesting public comments by…
Summary of Important Tax Provisions Included in the Recently Announced Inflation Reduction Act of 2022
USA - August 1 2022 On July 27, 2022, Senator Joe Manchin and Senate Majority Leader Chuck Schumer announced that they have reached an agreement on a budget…
