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Trump Administration Internal Revenue Service Investment Tax Credits

White & Case LLP

New Law Changes IRA Tax Credits - Update

White & Case LLP on

This is an updated version of the alert published on July 4. President Trump signed H.R.1, commonly referred to as the "One Big Beautiful Bill Act" (the "Act") into law on July 4, 2025. Below are our summaries of the...more

Foley & Lardner LLP

Early Morning Budget Deal Brings the Return of Previously Expired Short-Term Tax Breaks

Foley & Lardner LLP on

Early this morning, the House and Senate voted to pass a budget deal that included $17 billion in tax provisions, ending a short overnight government shutdown. The bill (H.R. 1892) extends the investment tax credit (ITC) to...more

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