JD Supra

Treasury Department and IRS Issue Final Regulations Regarding the Clean Electricity Tax Credits Under Sections 45Y and 48E of the Internal Revenue Code

On January 7, 2025, the U.S. Department of Treasury (Treasury) and the Internal Revenue Service (IRS) released final regulations [TD 10024] (Final Regulations) providing guidance on the Clean ...
Tax Foundation

Oregon Considers Decoupling from the Federal Tax Code

Currently, Oregon is one of the 24 states with rolling conformity, meaning that the state automatically conforms to the Internal Revenue Code (IRC) on a rolling basis and requires legislation to ...