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Final regulations for the Advanced Manufacturing Production Credit

ARTICLE | November 14, 2024

Authored by Schlenner Wenner & Co


The Department of the Treasury and the Internal Revenue Service recently issued the final regulations for the Advanced Manufacturing Production Credit, a tax incentive under the Inflation Reduction Act of 2022. This credit is designed to boost the production and sale of specific eligible components, including solar and wind energy components, within the United States and its territories.

For more information, please view the following article from the IRS:  https://www.irs.gov/newsroom/treasury-irs-issue-final-regulations-for-the-advanced-manufacturing-production-credit

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