IRS Issues Proposed Regulations and Updates FAQs Related to the Critical Mineral and Battery Component Requirements for the New Clean Vehicle Credit

The U.S. IRS recently announced the issuance of proposed regulations and updated frequently asked questions in relation to the critical mineral and battery component requirements for the new clean vehicle credit. The proposed regulations are scheduled to be published in the Federal Register on 17 April.

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IRS issues guidance and updates frequently asked questions related to the new clean vehicle critical mineral and battery components

IR-2023-64, March 31, 2023

WASHINGTON — The Intern…