IRS announces new round of qualifying advance coal project credits

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December 14, 2020
2020-2857

The IRS has announced (Notice 2020-88) a new round of qualifying advanced coal project credits available for allocation under IRC Section 48A for the first time since 2015. (See Tax Alert 2015-0390.) Treasury and the IRS have determined that more than $2 billion of IRC Section 48A credits are available for reallocation. A Tax Alert is forthcoming.

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