On January 10, the US Treasury Department (Treasury) and the US Internal Revenue Service (IRS) released proposed regulations under Section 45W of the US Internal Revenue Code of 1986, as amended (the Code), which provides a...more
The Inflation Reduction Act of 2022, Public Law 117-169, created three new electric vehicle (EV) tax credits -
- the clean vehicle tax credit (Section 30D) for consumers;
- the commercial clean vehicle tax credit...more