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House Budget Committee approves resolution for reconciliation bill addressing taxes and other issues
The House Budget Committee on February 13 by a party-line vote approved a fiscal year (FY) 2025 budget resolution.
January 2025
Welcome to the US Indirect Tax Digest. We highlight significant sales and use tax legislative enactments, regulatory adoptions, judicial decisions, and administrative guidance. We hope that you find the digest valuable and look forward to your feedback.
Brad Danton
Indirect Tax Leader
The House Budget Committee on February 13 by a party-line vote approved a fiscal year (FY) 2025 budget resolution.
Final regulations provide rules on determining greenhouse gas emissions for purposes of the clean electricity tax credits under Sections 45Y and 48E.
Final regulation are published providing general rules on the clean electricity tax credits under Sections 45Y and 48E.
Qualifying, affected individuals and businesses may benefit from tax relief as a result of the recent fires in Los Angeles.