IRS Proposed Rules Explain How Taxpayers Can Buy and Sell Renewable Energy Tax Credits or Receive Cash Refunds

The proposed rules for monetizing tax credits should catalyze energy transition markets and offer an alternative to tax equity transactions.

On June 14, 2023, the IRS issued proposed rules for how it intends to administer the tax credit transfer and direct payment programs in the Inflation Reduction Act, or the IRA (the Proposed Rules).

Please see full publication below for more information.

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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.

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