The U.S. Treasury Department and IRS today released for publication in the Federal Register a notice that provides the 2019 inflation adjustment factor and reference prices used in determining the availability of the credit for renewable electricity production and refined coal production under section 45.
Today’s notice [PDF 192 KB] provides:
The notice states that as of October 2, 2018, the credit period for small irrigation power electricity production expired.
Notice 2019-41—published in the Internal Revenue Bulletin 2019-28 [PDF 17.6 MB]—provides the same information as provided in the June 2019 notice in the Federal Register.
For the 2018 factors and reference prices, read TaxNewsFlash.
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