Breaking News: Treasury and IRS Issue Proposed Regulations Regarding the Advanced Manufacturing Production Credit Under Section 45X of the Internal Revenue Code

Breaking News: Treasury and IRS Issue Proposed Regulations Regarding the Advanced Manufacturing Production Credit Under Section 45X of the Internal Revenue Code
Thursday, December 14, 2023
Related Practices & Jurisdictions
Financial Institutions & Banking, Tax
All Federal |

This morning, the Treasury Department and Internal Revenue Service released proposed regulations (the Proposed Regulations) updating rules for the advanced manufacturing production credit under Section 45X of the Internal Revenue Code.

Our transactional tax team is reviewing the Proposed Regulations, and we will publish our analysis in an upcoming client alert.

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