The domestic content bonus credit is a 10% investment tax credit for utilizing domestically manufactured products and steel in qualifying renewable energy projects. Achieving domestic content compliance requires project owners to plan for domestic content from design and procurement through construction documentation, ensuring their projects qualify.
During this on-demand webinar, Baker Tilly presenters detail the nuances of the domestic content bonus requirement, clarification on eligibility and how to take advantage of this bonus. Viewers will also learn about:
This on-demand webinar is intended for internal audit professionals, facility administrators, CFOs, COOs, directors of capital projects, project professionals and other professionals involved in construction project management and facilities development at their organization.
For more information on this topic, or to learn how Baker Tilly Inflation Reduction Act tax credit specialists can help, contact our team.
While IRA credits are typically claimed by project owners — often utilities companies — the success of such project’s hinges on a diverse ecosystem of manufacturing and installation companies. Manufacturers must proactively consider the impact of their decisions throughout the value chain and strategically identify avenues to outpace competition.