Press Releases & Statements / Manufacturing and Industrial Policy
Treasury Guidance on Inflation Reduction Act Domestic Content Bonuses Offers Clarity to Developers
The U.S. Department of the Treasury today released guidance on the domestic content bonus credit for the clean energy tax credits included in the Inflation Reduction Act. For the first time ever, this additional credit will be available for developers using components and materials sourced directly from U.S. manufacturers. These credits are combined with historic supply-side investments in clean technology manufacturing.