IRS Notice: Elective Payment of Applicable Credits,Transfer of Certain Credits Public Comments Submitted (IRC §6417)

Oct. 14, 2022, 5:00 AM UTC

Public comments released Oct. 13 on Notice 2022-50 where the IRS requested comments on the elective payment provisions under I.R.C. §6417 and the elective credit transfer provisions under §6418 as enacted by the Inflation Reduction Act of 2022, Pub. L. No. 117-169. The IRS will use the comments to help form future guidance. [Comments from Baker & Hostetler LLP (on behalf of GameChange Solar Corp.), OCI N.V.]

Reference:
View Baker & Hostetler Comments, View OCI Comments.

Learn more about Bloomberg Tax or Log In to keep reading:

Learn About Bloomberg Tax

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.