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2 months ago | 
jdsupra.com | Roger David Aksamit |Elizabeth C. Crouse |Nicole Elliott
The U.S. Department of the Treasury and IRS on Nov. 20, 2024, issued final regulations under Section 761 of the Internal Revenue Code (Code).
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Jan 23, 2025 | 
jdsupra.com | Roger David Aksamit |Elizabeth C. Crouse |Nicole Elliott
The U.S. Department of the Treasury and IRS on Jan. 3, 2025, released Final Regulations regarding the production tax credit (PTC) for hydrogen under Section 45V of the Internal Revenue Code, as enacted by the Inflation Reduction Act.
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Jan 13, 2025 | 
jdsupra.com | Roger David Aksamit |Elizabeth C. Crouse |Nicole Elliott
The U.S. Department of the Treasury and IRS released initial guidance on Jan. 10, 2025, regarding the production tax credit (PTC) for clean fuels under Section 45Z of the Internal Revenue Code, as enacted by the Inflation Reduction Act (IRA).
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Jan 10, 2025 | 
jdsupra.com | Roger David Aksamit |Elizabeth C. Crouse |Nicole Elliott
January 10, 2025 Roger Aksamit, Elizabeth Crouse, Nicole Elliott, Sanaa Ghanim, Alex Lewis, Bryan Marcelino, Lee Meyercord, Mary Kate Nicholson, Joshua Odintz, Kenneth Parsons, Ryan Phelps, Rachel Provencher, Bradley Seltzer, Amish Shah, Daniel Strickland Holland & Knight LLP + Follow x Following x Following - Unfollow Contact To embed, copy and paste the code into your website or blog: The U.S. Department of the Treasury and IRS have issued Final Regulations regarding the investment tax...
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Dec 6, 2024 | 
jdsupra.com | Christopher Armstrong |Nicole Elliott |Joshua D Odintz
Republican control of the White House, U.S. Senate and U.S. House of Representatives presents an opportunity to enact law without the need for bipartisan support. Specifically, congressional Republicans will use the budget reconciliation process to pass significant legislation, and they could do so early in 2025. The budget reconciliation process, while a powerful tool when one party controls, does have some notable limitations.
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Nov 8, 2024 | 
jdsupra.com | Christopher Armstrong |Nicole Elliott |Andrew F. Emerson
November 8, 2024 Christopher Armstrong, Nicole Elliott, Andrew Emerson, Rich Gold, Lisa Hawke, Dimitrios Karakitsos, Elizabeth Leoty Craddock, Lauren Maddox, Scott Mason, Taite McDonald, Anita Mosner, Joshua Odintz, Joel Roberson, Daniel Sennott, Peter Tabor, Beth Viola, Shawna Francis Watley, Michael Werner Holland & Knight LLP + Follow x Following x Following - Unfollow Contact To embed, copy and paste the code into your website or blog: President-Elect Donald Trump is poised to expand upon...
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Oct 30, 2024 | 
jdsupra.com | Nicole Elliott |Mary Nicholson |Joshua D Odintz
The Chips and Science Act of 2022 (CHIPS Act) added Section 48D to the Internal Revenue Code to incentivize the manufacture of semiconductors and semiconductor manufacturing equipment. The Section 48D credit is generally 25 percent of the basis of any qualified property that is part of an eligible taxpayer's advanced manufacturing facility. The U.S. Department of the Treasury and IRS recently released final regulations under Section 48D, which provide helpful clarifications.
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Oct 24, 2024 | 
lexology.com | Nicole Elliott |Amish Shah |Bradley Seltzer |Elizabeth C. Crouse |Roger David Aksamit |Joshua David Odintz
The U.S. Department of the Treasury and IRS on Oct. 24, 2024, released Final Regulations regarding the Section 45X Advanced Manufacturing Production Credit of the Internal Revenue Code. The Final Regulations are effective 60 days after publication in the Federal Register.
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Oct 10, 2024 | 
mondaq.com | Nicole Elliott |Amish Shah |Mary Nicholson |Bradley Seltzer
The U.S. Department of the Treasury and IRS on Sept. 19, 2024,
released proposed regulations under Section 30C of the Internal
Revenue Code providing important clarity on the changes made by the
Inflation Reduction Act (IRA).
Section 30C, the Alternative Fuel Vehicle Refueling Property
Credit, was substantively modified as a result of the IRA. As a
result, the credit is generally 30 percent of the cost of any
alternative fuel refueling property placed in service by the
taxpayer on or before Dec.
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Oct 8, 2024 | 
lexology.com | Nicole Elliott |Amish Shah |Mary Nicholson |Sanaa Ghanim |Bradley Seltzer |Elizabeth C. Crouse
HighlightsThe U.S. Department of the Treasury and IRS on Sept. 19, 2024, released proposed regulations under Section 30C of the Internal Revenue Code providing important clarity on the changes made by the Inflation Reduction Act (IRA). Section 30C, the Alternative Fuel Vehicle Refueling Property Credit, was substantively modified as a result of the IRA.
