Notice 2025-42 Explained: What You Need to Know
IRS Issues Notice 2025-42: Major Changes to Safe Harbor Rules
On August 15, Treasury and the IRS eliminated the 5% Safe Harbor for most solar and wind projects. Only the Physical Work Test remains (with a limited exception for small solar). These changes create a two-week window before the new rules take effect on September 2, 2025.
Previous
Maximizing Tax Credits without Tax Equity
Next