On Oct. 13, 2022, Baker Tilly, along with the Indigenous Energy Initiative, U.S. Department of Energy Office of Indian Energy and Loan Programs Office and NAFOA held a webinar discussing the provisions within the Inflation Reduction Act (IRA) specifically benefitting tribes and native communities.
Joel Laubenstein, Principal and Tribal Practice Leader, discussed how tribes can obtain tax credit funding through direct payments or tax credit transfers from the federal government for qualifying clean energy or efficiency projects.
For more information on this topic, or to learn how Baker Tilly specialists can help, contact our team.
The information provided here is of a general nature and is not intended to address the specific circumstances of any individual or entity. In specific circumstances, the services of a professional should be sought. Tax information, if any, contained in this communication was not intended or written to be used by any person for the purpose of avoiding penalties, nor should such information be construed as an opinion upon which any person may rely. The intended recipients of this communication and any attachments are not subject to any limitation on the disclosure of the tax treatment or tax structure of any transaction or matter that is the subject of this communication and any attachments.