Domestic Content Bonus Credit Amounts under the Inflation Reduction Act of 2022: Expansion of Applicable Projects for Safe Harbor in Notice 2023-38 and New Elective Safe Harbor to Determine Cost Percentages for Applicable Percentage Rule (Notice 2024-41)

3 organizations filed 4 public comments on Domestic Content Bonus Credit Amounts under the Inflation Reduction Act of 2022: Expansion of Applicable Projects for Safe Harbor in Notice 2023-38 and New Elective Safe Harbor to Determine Cost Percentages for Applicable Percentage Rule (Notice 2024-41), at the Internal Revenue Service. The comment window closed 743d ago.

Abstract

This notice modifies section 3.04 of Notice 2023-38, 2023-22 I.R.B. 872, in three ways. First, this notice expands the list of Applicable Projects in “Table 2--Categorization of Applicable Project Components” (Table 2) to include hydropower and pumped hydropower storage facilities. Second, this notice redesignates the “Utility scale photovoltaic system” Applicable Project as the “Ground-mount and rooftop photovoltaic system.” Third, this notice includes certain Manufactured Product Components with respect to previously listed Applicable Projects.

Commenters (3)

• American Public Power Associationtrade assoc.

  2 filings · confidence 97%
• American Clean Power Associationtrade assoc.

  1 filing · confidence 97%
• Edison Electric Institutetrade assoc.

  1 filing · confidence 97%