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08 Jun

Federal government issues guidance for energy project tax credits

The US departments of Treasury and Energy, as well as the Internal Revenue Service, have released additional guidance detailing to local communities how to qualify for advanced energy project tax credits under President Joe Biden's Inflation Reduction Act (IRA). Kallanish understands that in combination with an existing 30% tax credit for the development of renewable energy projects, there will be two additional 10% tax credits offered for projects in low-inco…
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