The IRS and Treasury started the clock for when the labor requirements in President Joe Biden’s tax-and-climate law go into effect—still leaving open questions on how to satisfy them.
The agencies released prevailing wage and apprenticeship requirements guidance Nov. 29 for developers and investors looking to take advantage of boosted tax credits in the law.
The guidance didn’t give stakeholders all the details needed to comply, industry groups and advisers said, making it harder for developers and investors to make project and investing decisions.
“There are more questions that need to be answered between now and when this rule goes ...
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