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Home|About MCAA|News & Smart Solutions Case Studies|September 19, 2024: IRS Proposed Rule and New IRS Guidance Document on the Alternative Fuel Vehicle Refueling Property Credit

September 19, 2024: IRS Proposed Rule and New IRS Guidance Document on the Alternative Fuel Vehicle Refueling Property Credit

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Yesterday, The Department of Treasury (Treasury) and The Internal Revenue Service (IRS) released pre-publication text of a proposed rule (NPRM) to provide guidance for the Alternative Fuel Vehicle Refueling Property Credit as amended by the Inflation Reduction Act for “qualified alternative fuel vehicle refueling property.” The NPRM will publish in today’s Federal Register, subject to a 60-day comment period.

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