Aug 11, 2023· Comment from Edison Electric Institute· IRS-2023-0028-0017
The Edison Electric Institute (EEI) submits these comments on behalf of its members in response to the Treasury Department's request for comments on Prop. Reg. § 1.6418–4 (the NOPR). These comments identify issues that EEI believes should be addressed in future guidance with respect to the transferability provisions of section 6418 of the Internal Revenue Code of 1986, as amended, which were enacted in Public Law 117-169, 136 Stat. 1818 (August 16, 2022), commonly known as the Inflation Reduction Act of 2022 (IRA).