IRS News Release: Proposed Rules on Satisfying Certain Prevailing Wage and Registered Apprenticeship Requirements for Clean Energy Facilities (IRC §45)

Aug. 30, 2023, 1:00 PM UTC

Proposed regulations relating to the increased tax credit or deduction amounts for clean energy facilities and projects if taxpayers satisfy certain prevailing wage and registered apprenticeship (PWA) requirements, the IRS released. The regulations provide guidance on the PWA requirements, enacted as part of the Inflation Reduction Act of 2022, for certain green energy facilities or projects. [IR-2023-156 (Aug. 29, 2023)]

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