The final regulations adopt the general framework established in the proposed regulations issued in December 2023, but with several significant modifications....more
The US Treasury Department and the IRS provided practical administrative rules for the carbon capture and sequestration tax credit.
Key Points:
..The IRS finalized the third set of rules in a series of regulatory guidance...more
1/22/2021
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Regulations provide rules for determining MLP qualifying income from certain mineral or natural resource-related activities and services.
On January 19, 2017, the US Department of the Treasury (Treasury) and the Internal...more