BW INSIGHTS

Direct Pay Election and Transferability of Certain Energy Credits

On June 21, 2023, the IRS issued proposed regulations for Internal Revenue Code (“IRC”) Sections 6417 and 6418, which relate to an election for direct payments of certain energy-related credits and transferability of certain energy credits, respectively. Furthermore, the IRS released FAQs regarding elective pay and transferability on June 14,... Read More