Tax News & Views webcast

Applying the new guidelines for domestic content bonus credit

Date: June 4, 2024; 11 a.m. ET
Duration: 60 minutes
Host: Adam Moehring
Presenters: Brian Americus, Jaime Park, Katie White

1 Overview CPE credit | Taxes

On May 16, 2024, the IRS released new guidance for the domestic content bonus credit for certain qualified facilities, energy projects, and energy storage technologies under sections 45, 45Y, 48, or 48E. During this webcast, we’ll discuss:

• Notice 2024-41, which provides a new safe harbor, and other details of credit eligibility
• How the marketplace is considering, supporting, and financing projects with domestic content in light of the new guidance
• Considerations and issues in analyzing eligibility
• Details of documentation and processes to compute the Domestic Cost Percentage and evaluate the Steel or Iron Requirement
  

In this session, participants will discover potential opportunities aligned to green business goals.

New Pillar Two Administrative Guidance: Clarity with complexity

Date: January 23, 2024; 2:00 p.m. ET
Duration: 60 minutes
Host: Adam Moehring
Presenters: Ryan Bowen, Sarah Custer, Bob Stack, and Carrie Walker

1 Overview CPE credit | Taxes

In December 2023, the OECD/G20 Inclusive Framework (IF) released additional guidance on the interpretation and application of the Pillar Two global minimum tax rules. The new Administrative Guidance focuses on the country-by-country reporting (CbC) safe harbor, including some expansion of the relief it provides. What does the new guidance clarify, and how complex is it? We’ll discuss:

• The highlights of the new rules as they relate to the CbC safe harbor

• The rules for pushing down GILTI taxes when controlled foreign corporations qualify for the CbC safe harbor

• Newly introduced anti-avoidance rules

Participants will examine the impact of the new Administrative Guidance on US and foreign companies.