Baker & Hostetler LLP

03/27/2023 | News release | Archived content

John Lehrer Quoted on Inflation Reduction Act Energy Credits

A March 27, 2023, TaxNotes article titled "Tax Attorneys Weigh Pros and Cons of IRA Energy Credits" provides a summary of a recent panel discussion that addressed the challenges and opportunities posed by the Inflation Reduction Act's clean energy subsidies.

Partner John Lehrer took part in the March 24 conversation at an energy tax conference, where multiple panelists considered the implications of the longevity of these credits. "I get asked by clients, 'Are they going to be around or is something going to happen congressionally to remove them?'" he said. And that's not the only concern he addressed. Fraudulent use of the subsidies could be widespread, he noted.

Read the article (subscription required).