Treasury Finalizes Prevailing Wage and Apprenticeship Requirements for IRA Tax Credits
On June 18, 2024, the U.S. Treasury and the IRS released final rules regarding Prevailing Wage and Apprenticeship Requirements for tax credits enacted in the Inflation Reduction Act, including the §45Z Clean Fuel Production Credit. The final rule includes substantial changes from the proposed rule, issued August 30, 2023. Per the final regulations, taxpayers claiming the higher value for the §45Z credit
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