OrbitaxIRS and Treasury Issue Guidance for Advanced Manufacturing Investment Credit
|Approved Changes|United States
The U.S. IRS has announced the issuance of guidance for the advanced manufacturing investment credit.
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Treasury, IRS issue guidance for the advanced manufacturing investment credit
IR-2023-117, June 14, 2023
WASHINGTON — The Internal Revenue Service today issued proposed regulations that provide guidance regarding the implementation of the elective payment provisions of the Advanced Manufacturing Investment Credit, established by the Creating Helpful Incentives to Produce Semiconduc…