Proposed Hydrogen Tax Credit Regs May Be Legally Flawed

By Hunter Johnston and Steven Dixon (February 28, 2024, 6:00 PM EST) -- On Dec. 22, 2023, after extensive lobbying, a leaked draft and a long wait, the U.S. Department of the Treasury and the IRS finally issued the highly anticipated proposed regulations for the new Section 45V clean hydrogen production tax credit that Congress enacted in the Inflation Reduction Act....

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