IRS issues new proposals for IRA renewables tax credits
- Admin
- May 30, 2024
- 1 min read
The US government has proposed new regulations regarding tax credits for renewable energy and energy storage facilities eligible for support under the Inflation Reduction Act (IRA). The regulations would apply to projects placed in service after 2024 and encompass both the Production Tax Credit (PTC) and Investment Tax Credit (ITC) facilities under the IRA. The IRS and Treasury are inviting public comments on the proposed regulations.
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