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November 3, 2022

IRS requests comments on various energy tax benefits from the Inflation Reduction Act

The IRS has published three notices requesting comments on various aspects of the energy tax benefits contained in the recently enacted Inflation Reduction Act (IRA); comments are due by December 3, 2022. The IRS seeks comments regarding: IRA provisions on commercial clean vehicles and alternative-fuel vehicle refueling property (Notice 2022-56); the carbon capture credit (Notice 2022-57); and the clean hydrogen and clean-fuel production credits (Notice 2022-58).

Published by NTD’s Tax Technical Knowledge Services group; Carolyn Wright, legal editor