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    S&C Memos

    Energy Transition Insights: New Guidance on Energy Community Bonus U.S. Tax Credit

    New Guidance on Energy Community Bonus U.S. Tax Credit

    April 13, 2023 | min read |
    • Related Practices

    On April 4, 2023, the IRS released proposed regulations on the IRA’s clean energy bonus tax credits for investments in “energy communities”, aimed at revitalizing communities near brownfield sites or that historically depended on fossil fuel-based industries. The attached memo summarizes the key takeaways from the proposed regulations, outlining the regions where the bonus credits can be claimed.

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