Tax Credit Revolution: US Treasury and IRS Propose Section 45V Hydrogen Production Tax Credit Regulations

K&L Gates LLP
Contact

K&L Gates LLP

Members of the K&L Gates Hydrogen, Power, Tax, and Tax Policy teams speak with Sandi Safro Osborn, Assistant General Counsel of the Edison Electric Institute, about the proposed regulations the Treasury Department and Internal Revenue Service released on 22 December 2023 concerning the Inflation Reduction Act’s new Section 45V hydrogen production tax credit. The discussion covers details of the new rules and considers their potential impacts on the eligibility of hydrogen facilities to claim the credit. This episode of Hydrogen Rising is an edited audio version of a webinar hosted on 10 January 2023. Click here for the original webinar recording which includes presentation slides.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© K&L Gates LLP | Attorney Advertising

Written by:

K&L Gates LLP
Contact
more
less

K&L Gates LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide