The Inflation Reduction Act of 2022 (the “IRA”) added and modified certain energy tax credit provisions of the U.S. Internal Revenue Code of 1986, as amended (the “Code”). The modifications included the extension of the...more
The Inflation Reduction Act of 2022 (the “IRA”) added and modified certain renewable energy tax credit provisions of the U.S. Internal Revenue Code of 1986, as amended (the “Code”).[1] The IRA additions included a new energy...more
4/7/2023
/ Bureau of Labor Statistics ,
CERCLA ,
Clean Energy ,
Department of Energy (DOE) ,
Energy Information Association (EIA) ,
Fossil Fuel ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
International Trade Commission (ITC) ,
IRS ,
NAICS ,
OMB ,
Tax Credits ,
Tax Revenues
On August 7, after weeks of negotiations, the Senate voted 51-50 to pass a budget reconciliation package known as the Inflation Reduction Act (the “Bill”), introduced by Senators Joe Manchin (D‑WV) and Chuck Schumer (D‑NY) in...more
8/11/2022
/ Affordable Care Act ,
Alternative Minimum Tax ,
Carbon Capture and Sequestration ,
Clean Energy ,
Corporate Taxes ,
Energy Tax Incentives ,
Excise Tax ,
International Trade Commission (ITC) ,
IRS ,
Manufacturing Facilities ,
Offshore Wind ,
Tax Credits