Domestic content safe harbor alternatives have been created to eliminate the need of reaching out to vendors for costing information for certain energy projects by using defined percentages developed by the Treasury.
Direct-pay recipients may face reductions to their Investment Tax Credit (ITC) if domestic content requirements are not met starting in 2024. There are currently two waivers available that, if met, will allow the direct-pay recipients to avoid the reduction.
During this complimentary CPE webinar, Baker Tilly presenters will cover the domestic content bonus requirement and how organizations can take advantage of the safe harbor alternatives and waiver opportunities that have been made available.