Webinar
Inflation Reduction Act: Understanding the domestic content bonus requirement
Sept. 30, 2024 · Authored by Anthony Ollmann, Patrick Fitzsimons
The domestic content bonus credit is a 10% investment tax credit for utilizing domestically manufactured products and steel in qualifying renewable energy projects. Achieving domestic content compliance requires project owners to plan for domestic content from design and procurement through construction documentation, ensuring their projects qualify.
During this on-demand webinar, Baker Tilly presenters detail the nuances of the domestic content bonus requirement, clarification on eligibility and how to take advantage of this bonus. Viewers will also learn about:
- Recently released guidance from the U.S. Department of the Treasury and IRS
- Domestic content requirements for the Production Tax Credit (PTC) and Investment Tax Credit (ITC) for clean energy projects
- The safe harbor alternative to calculate domestic content
- Waiver opportunities for direct-pay recipients
- Expectations from underwriters insuring credit monetization
This on-demand webinar is intended for internal audit professionals, facility administrators, CFOs, COOs, directors of capital projects, project professionals and other professionals involved in construction project management and facilities development at their organization.
For more information on this topic, or to learn how Baker Tilly Inflation Reduction Act tax credit specialists can help,