Inflation Reduction Act: Credit Transfer Opportunities

The Inflation Reduction Act offers substantial funding for companies who design, manufacture, or construct tools, materials, or facilities that contribute to the development and use of alternative energy, the reduction of greenhouse gas emissions, and adoption of more sustainable business practices through technological innovation.

To further encourage clean energy initiatives and expand the benefits, businesses are able to transfer certain tax credits to third parties if, for example, the company’s tax liability isn’t great enough to use the credits directly.

On September 25 at 2:00 pm ET, GTM will present a live, one-hour webinar, co-hosted with Bellus Ventures, an investment management firm focused on environmental markets, and law firm Holland & Knight. During this session, the presenters will discuss IRA tax credits, covering related topics including:

• Credit eligibility
• The credit transfer process
• Potential issues with transferring credits
• How buyers can protect themselves