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Fox Rothschild LLP

Overview of Some Changes in the Inflation Reduction Act of 2022

Fox Rothschild LLP on

President Joe Biden signed the Inflation Reduction Act of 2022 (the “IRA”) into law on Aug. 16, 2022, resulting in significant changes to the Internal Revenue Code. An overview of a few of the changes is below....more

Husch Blackwell LLP

The Inflation Reduction Act of 2022: An Overview

Husch Blackwell LLP on

On August 16, 2022, President Joseph Biden signed into law the Inflation Reduction Act of 2022 (IRA). The IRA is substantially a reworking and repackaging of prior legislative efforts—principally the proposed Build Back...more

Miller Canfield

The Inflation Reduction Act: A Tax Overview

Miller Canfield on

The Inflation Reduction Act of 2022 (the “Act”), which passed both chambers of Congress on Aug. 12, 2022, includes the following tax provisions meant to raise government revenues and subsidize green energy initiatives....more

Paul Hastings LLP

U.S. Senate Passes Inflation Reduction Act

Paul Hastings LLP on

On August 7, after weeks of negotiations, the Senate voted 51-50 to pass a budget reconciliation package known as the Inflation Reduction Act (the “Bill”), introduced by Senators Joe Manchin (D‑WV) and Chuck Schumer (D‑NY) in...more

Akin Gump Strauss Hauer & Feld LLP

CRS Report on the Production Tax Credit

On October 2, the Congressional Research Service (CRS) published an overview of the production tax credit (PTC). The report is available below. It contains a helpful summary of the history of the PTC and an insightful...more

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