15 Apr 2025
🚗IRS Cancels Public Hearing on Qualified Commercial Clean Vehicle Credit
Section 45W Credit for Qualified Commercial Clean Vehicles
Summary
This document cancels a public hearing on proposed regulations that would provide guidance on the qualified commercial clean vehicle credit enacted by the Inflation Reduction Act of 2022.
Agencies
- Treasury Department
- Internal Revenue Service
Business Impact
$$ - Med
The content discusses the cancellation of a public hearing regarding proposed regulations for the Section 45W credit for qualified commercial clean vehicles, which are part of incentives for businesses to adopt cleaner technologies. This regulation could impact businesses eligible for this credit, influencing financial decisions related to vehicle purchases.