Final “tech-neutral” credit regulations – clean electricity production credit & clean electricity investment credit
On January 15, 2025, Treasury and the IRS published in the Federal Register final regulations under sections 45Y and 48E (together, “Tech-Neutral Credits”) (T.D. 10024, the “Final Regulations”). This guidance considers over 1,800 written comments in response to the proposed regulations on June 3, 2024 (REG-119283-23), the “Proposed Regulations”) and testimony provided by 36 speakers during public hearings held in person and telephonically on August 12, 2024, and August 13, 2024 respectively.
Deloitte Tax LLP provides an analysis of the Final Regulations in a new alert.
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