New IRA Domestic Content Guidance: First Updated Elective Safe Harbor and Revised Guidance
Treasury and the IRS released Notice-2025-08 modifying Notice 2024-41 and Notice 2023-38 . Notice 2025-08 provides material updates and clarifications to the New Elective Safe Harbor (introduced in Notice 2024-41, and covered by our prior Client Alert found here.)
New IRA Domestic Content Guidance: New Safe Harbor and Revised Guidance
Yesterday, Treasury and the IRS released Notice 2024-41 modifying Notice 2023-38 which provides for material updates in how taxpayers could qualify for Domestic Content Bonus Credit amounts.