Section 45Y clean electricity production credit and section 48E clean electricity investment credit proposed regulations
KPMG report provides initial analysis and observations
KPMG report provides initial analysis and observations
The U.S. Treasury Department and IRS on May 29, 2024, released proposed regulations (REG-119283-23) related to the section 45Y clean electricity production credit and section 48E clean electricity investment credit for qualified facilities and energy storage technology (EST), as established by H.R. 5376 (commonly called the “Inflation Reduction Act of 2022” (IRA)). Read TaxNewsFlash
Read a June 2024 report prepared by KPMG LLP that provides initial analysis and observations of the proposed regulations.
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