Treasury and IRS Issue Proposed Regulations Defining Energy Property
November 18, 2023
November 18, 2023
WASHINGTON, Nov. 18 -- The U.S. Department of the Treasury's Internal Revenue Service issued the following news release on Nov. 17, 2023:
The Department of the Treasury and the Internal Revenue Service today issued proposed regulations updating rules for the investment tax credit under section 48 (ITC) that have been unchanged since 1987. The proposed rules update the types of energy properties eligible for the section 48 ITC, reflecting changes in the energy industry, technolo . . .
The Department of the Treasury and the Internal Revenue Service today issued proposed regulations updating rules for the investment tax credit under section 48 (ITC) that have been unchanged since 1987. The proposed rules update the types of energy properties eligible for the section 48 ITC, reflecting changes in the energy industry, technolo . . .