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U.S. IRS Consulting on Upcoming Energy Guidance

14 November 2022

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Approved Changes

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United States

The U.S. IRS recently announced consultations requesting comments on different aspects of the extensions and enhancements of energy tax benefits in the Inflation Reduction Act. These include: Notice 2022-56, which requests comments related to the qualified commercial clean vehicles provisions and the alternative fuel vehicle refueling property; Notice 2022-57, which requests comments related to the credit for carbon capture; and Notice 2022-58, which requests comments related to the credit for the production of clean hydrogen and the clean fuel production credit. The deadline for comments is 3 December 2022. Click the following link for the latest information on energy guidance...