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Inflation Reduction Act Tax Changes, Part 2 – Energy Credits and Incentives

On Aug. 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022 (IRA), which includes various amendments and additions to the Internal Revenue Code of 1986 (the Code). This is the second of two alerts...more

CHIPS Act of 2022: Substantial Tax Benefits for Building Semiconductor Plants in the U.S.

President Biden is expected to sign the CHIPS Act of 2022 (CHIPS Act) into law establishing the “Advanced Manufacturing Tax Credit” (AMTC), a temporary, refundable, non-transferable 25 percent tax credit for investments in...more

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