3min chapter

Currents cover image

Ep196: Inflation Reduction Act

Currents

CHAPTER

Tax Credits - Is There a Slowdown in Construction?

The three types of tax credits that will still qualify for direct pay are carbon capture credits, these manufacturer credits, i mention advance manufacturing credits, and also the new hydrogen credit. The ability for private parties to get cash payments for those three type of tax credits only lasts for five years once they start. So instead, everyone else was offered the ability to sell tax credits from those products to other corporations for cash. All f these o cash options, transferring tax credits, getting a cash payment from the arrest, apply only to tax credits next year. And for the direct pay projects placed in service in 20 23 or later, apply only after the rest of the period covered by this bill.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode