IRA MARKET INSIGHTS – OCTOBER 2022
Notes on the inflation reduction act for tax credit investors
IRA 101 for TAX CREDIT INVESTORS – More Availability, Certainty, and Flexibility
The “Inflation Reduction Act of 2022” (IRA) signed into law on August 16, 2022, expanded the volume, scope, and accessibility of tax credits available to institutional investors. This legislation intends to accelerate the deployment of clean energy and related technologies by incentivizing investment into projects and manufacturing capacity. Corporations with U.S. federal tax burden may elect to take advantage of this opportunity by redirecting capital already earmarked for tax liabilities into carbon-reducing projects like solar power, carbon capture, biogas and others. Investors can earn a return comprised of tax credits that reduce their federal income tax liability, and in some cases, preferred cash returns and depreciation benefits. Download the report for key advantages for tax credit investors going into 2023. |