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U.S. IRS and Treasury Issue Final Regulations to Help Businesses Claim Credits for Carbon Capture

|Approved Changes|United States
United States

The U.S. IRS has announced the issuance of final regulations to help businesses claim credits for carbon capture.

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Treasury, IRS provide final regulations to help businesses claim credits for carbon capture

IR-2021-05, January 6, 2020

WASHINGTON – Today the Treasury Department and Internal Revenue Service issued final regulations PDF regarding the credit for qualified carbon oxide captured using carbon capture equipment placed in service on or after February 9, 2018.

The final regul…

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