The Maryland Energy Administration Sept. 1 issued updated information on the Energy Storage Tax Credit providing that any energy storage system that is installed, passed all necessary permit inspections, and received authorization to operate from the local electric utility in tax year 2022 is ineligible for the tax year 2023 program for corporate and individual income tax purposes. [Md. Energy Admin., Maryland Energy Storage Income Tax Credit - Tax Year 2022, 09/01/22]
Reference: View Source Document.
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.