Browsing Tag

Washington

Claiming Tax Credits for Clean Energy Under Inflation Reduction Act

TL/DR - The U.S. Department of the Treasury and the Internal Revenue Service released Proposed Regulations on clean electricity production and investment tax credits, known as Tech-Neutral Credits, on May 29, 2024. These credits are key to the Biden Administration’s energy incentives in the Inflation Reduction Act of 2022 and will play an…

German Finance Head Advises US on Spending in Washington

TL/DR - Germany's finance minister, Christian Lindner, cautioned his coalition partners against following the US Inflation Reduction Act, arguing it has not been effective in controlling consumer prices in the US. He made these statements at an event in Washington, referring to domestic critics who urged him to relax restrictions on public…