United States: Inflation Reduction Act: New Guidance On Section 45X Manufacturing Tax Credits - Shearman & Sterling LLP
Wednesday, 17 January 2024 On December 14, 2023, the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) released proposed regulation [REG-107423-23]...
Biden Announces $5 Billion , in New Infrastructure Projects.
President Biden visited Superior, Wisconsin, on Jan. 25, CBS News reports. .
While there, he revealed an investment of nearly $5 billion..
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On December 15, 2023, IRS published Notice 2024-06, a brief but important guidance on Section 40B, the Inflation Reduction Act ("IRA") tax credit for sustainable... Mondaq
The IRS has been underfunded for many years, but that changed significantly with the landmark Inflation Reduction Act of 2022 (IRA), which gave the agency an... Mondaq