Advocacy Comments on IRS Proposed Rule on the Elective Payment Provisions of the CHIPS Act Advanced Manufacturing Investment Credit

On June 21, 2023, the Internal Revenue Service proposed regulations regarding the implementation of the elective payment provisions of the advanced manufacturing investment credit. On August 14, 2023, the Office of Advocacy (Advocacy) filed a comment letter related to the proposed rule.

For more, read the public comment letter and fact sheet, which highlights Advocacy’s concerns and recommendations.

Documents

Comment Letter, Elective Payment of Advanced Manufacturing Investment Credit (PDF, 216 KB)
Fact Sheet, Advocacy Comments on IRS Proposed Rule on the Elective Payment Provisions of the CHIPS Act (PDF, 135 KB)