Although not, if the Rule given within the step one
The principles from point 45V of one’s Code (thereby much of areas 6417 and you can 6418 of the Code about new point 45V borrowing from the bank) and also the part 45V laws and regulations (as laid out when you look at the step 1
(c) Determination off credit. Susceptible to any applicable sections of the latest Code you to ount, brand new point 45V borrowing your nonexempt season from an effective taxpayer just who supplies accredited brush hydrogen and you may states for example credit is set depending on the licensed brush hydrogen developed by the newest taxpayer in that nonexempt year, whether or not new verification of your own creation and you will income otherwise usage of that hydrogen takes place in an afterwards taxable 12 months. (more…)