Inflation Reduction Act: Direct pay and transferability provisions

Inflation Reduction Act: Direct pay and transferability provisions

While increasing the incentive to invest in climate projects and sustainable manufacturing practices, the statutory green energy credit rules left many unanswered questions regarding cash payments and credit transferability. New guidance has just been issued to change that. In this episode, hear from Deloitte Credits & Incentives specialists Jaime Park and Michael Kohler as they discuss how these new policies will change investment practices on credit-eligible property, shape how the market will develop, and which remaining regulations to look out for.

Before making an election for direct payment or transfer you need to first understand if you qualify for all the underlying credits. Taxpayers are still waiting to get guidance on which projects and properties are eligible and how to claim the credits.

—Jaime Park

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