National Rural Electric Cooperative Association
IRSNonrulemakingIRS-2023-0062

Statutory Exceptions to Phaseout Reducing Elective Payment Amounts for Applicable Entities if Domestic Content Requirements are Not Satisfied (Notice 2024-9)

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National Rural Electric Cooperative Association filed 1 comment on this docket between Feb 27, 2024 and Feb 27, 2024. 1 other organizations filed here. The comment window closed 883d ago.

What National Rural Electric Cooperative Association filed (1)

Feb 27, 2024· Comment from National Rural Electric Cooperative Association· IRS-2023-0062-0003

Please find attached the National Rural Electric Cooperative Association (NRECA) comments to the U.S. Department of the Treasury (Treasury) to the Notice of Proposed Rulemaking on Statutory Exceptions to Phaseout Reducing Elective Payment Amounts for Applicable Entities if Domestic Content Requirements are not satisfied (Notice 2024-9).

Abstract

The Department of the Treasury (Treasury Department) and the Internal Revenue Service (IRS) intend to propose regulations (forthcoming proposed regulations) addressing the process by which the Secretary of the Treasury or her delegate (Secretary) will implement the statutorily-required exceptions to the phaseouts under §§ 45(b)(10), 45Y(g)(12), 48(a)(13), and 48E(d)(5) of the Internal Revenue Code (Code).1

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