IRS Releases Final Energy Property Regulations Under Section 48 Investment Tax Credit
By EsqSocial Corporation 10/01/25
On December 4, 2024, the US Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) issued final regulations, TD 10015, (the “Final Regulations”), which provide guidance on the definition of energy property and the rules applicable for the energy credit available under Section1 48 (the “ITC”) of the Internal Revenue Code of 1986, as amended (the “Code”)....
By: Mayer Brown