Tax News Update    Email this document    Print this document  

January 4, 2023
2022-4100

Inflation Reduction Act of 2022 and CHIPS and Science Act of 2022 | Key alerts and other resources from EY Tax

Please Note: This page contains key EY Tax Alerts and Webcasts related to the Inflation Reduction Act of 2022 and the CHIPS and Science Act of 2022.

Inflation Reduction Act of 2022

Upcoming EY Webcasts

November 18Tax in the time of COVID-19: Update on legislative, economic, regulatory and IRS developments (12:00 pm ET)

Key EY Tax Alerts — U.S.

November 14IRS announces rate increase for renewable electricity production credit based on Inflation Reduction Act amendments
November 10Inflation Reduction Act does not trigger 15% income tax rate on industrial development income in Puerto Rico
September 29EY updates Technical Line on accounting for the effects of the Inflation Reduction Act and the CHIPS and Science Act
August 23Inflation Reduction Act has implications for tax-exempt entities
August 17Inflation Reduction Act has state corporate income tax implications
August 16Enactment of Inflation Reduction Act extends expanded premium tax credits under the Affordable Care Act
August 16Inflation Reduction Act includes 15% corporate minimum tax on book income
August 16Inflation Reduction Act of 2022 substantially changes tax code provisions related to energy transition and renewable energy
August 16BREAKING TAX NEWS | President signs Inflation Reduction Act
August 12House clears Inflation Reduction Act, 220-207, for President Biden's signature
August 8Inflation Reduction Act revised to include excise tax on stock buybacks
August 8Senate approves Inflation Reduction Act including key health care provisions
August 7Senate approves Inflation Reduction Act
August 7Revised text of Inflation Reduction Act makes tax, health changes
August 2Inflation Reduction Act of 2022 includes many provisions related to energy transition and renewable energy
July 28Manchin, Schumer, Biden announce climate, health, tax deal

CHIPS and Science Act of 2022

Upcoming EY Webcasts

November 18Tax in the time of COVID-19: Update on legislative, economic, regulatory and IRS developments (12:00 pm ET)

Key EY Tax Alerts — U.S.

July 28House clears $280 billion 'Chips-Plus' bill for President's signature, 243-187
July 27Senate passes $280 billion 'Chips-Plus' bill, 64-33, aimed at keeping US competitive in microchips, science and research
 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

Copyright © 1996 – 2024, Ernst & Young LLP

 

All rights reserved. No part of this document may be reproduced, retransmitted or otherwise redistributed in any form or by any means, electronic or mechanical, including by photocopying, facsimile transmission, recording, rekeying, or using any information storage and retrieval system, without written permission from Ernst & Young LLP.

 

EY US Tax News Update Master Agreement | EY Privacy Statement