The Internal Revenue Service (IRS) released guidance on elective payments (better known as "Direct Pay") and "transfers of certain credits under the Inflation Reduction Act (IRA)." Treasurer of the United States, Chief Marilynn Malerba, announced that the White House and Department of the Treasury will hold two stakeholder briefings on this new guidance: Thursday, June […]
June 21 & 22, 2023, 2:00 p.m. ET – Treasury is hosting a Tribal consultation on the tax status of Tribally chartered corporations. Register here for the consultations. Please see the Dear Tribal Leader Letter for more information, registration link and framing questions. Treasury is accepting written comments until August 18, 2023, 11:59 p.m. Alaska […]
June 21 & 22, 2023, 2:00 p.m. ET – Treasury is hosting a Tribal consultation on the tax status of Tribally chartered corporations. Register here for the consultations. Please see the Dear Tribal Leader Letter for more information, registration link and framing questions. Treasury is accepting written comments until August 18, 2023, 11:59 p.m. Alaska […]
June 26 at 1:00 pm - 4:00 pm Eastern Register Dear Tribal Leader Letter Department of Treasury Tribal consultation on a Notice of Proposed Rulemaking (REG-110412-23) “Additional Guidance on Low-Income Communities Bonus Credit Program” under Section 48(e) of the Inflation Reduction Act of 2022. Please send questions or comments to tribal.consult@treasury.gov.
The Internal Revenue Service (IRS) released guidance on elective payments (better known as "Direct Pay") and "transfers of certain credits under the Inflation Reduction Act (IRA)." Treasurer of the United States, Chief Marilynn Malerba, announced that the White House and Department of the Treasury will hold two stakeholder briefings on this new guidance: Thursday, June […]
The Annual Report for Tribal entities with obligations and expenditures through June 30, 2023 is due on July 31, 2023. For more information, please see the Capital Project Fund (CPF) Compliance and Reporting Guidance for Tribal Entities. July 11, 2023, 2:30 p.m. ET – Treasury is hosting a webinar to go over how to complete […]
July 12, 2023, 3:00 p.m. ET - Treasury is hosting a webinar on the Single Audit for Tribal governments. Register here for the webinar. The Single Audit, previously known as the OMB Circular A-133, is required when the non-federal entity expends $750,000 or more in federal funds in a fiscal year. It is intended to […]
July 17, 2023, 1:00 p.m. ET – Treasury is hosting a Tribal consultation on the Elective Payment of Applicable Credits under the Inflation Reduction Act of 2022, codified as Section 6417 of the Internal Revenue Code (Section 6417). Register here for the consultation. Please see the Dear Tribal Leader Letter for more information and framing […]
July 20 at 9:00 AM – 10:30 AM (Eastern Time) The public is invited to view the meeting through the Treasury webcast Agenda
August 18, 2023, 1:00 p.m. ET - Treasury is hosting a Native CDFI listening session to learn directly from practitioners providing financial services in Indian Country. Treasury has a growing relationship with Native CDFIs to support Tribal and Native economic development. Treasury wants to hear from Native CDFIs about issues and concerns impacting your work […]
Last year, the Inflation Reduction Act (IRA) made important changes in infrastructure and energy development, creating a new credit delivery mechanism that tribes can take advantage of known as Elective (or more commonly Direct) Pay. This past June, the Department of the Treasury and IRS released proposed guidance for the IRA's Direct Pay provisions. On […]
Dear Tribal Leader Letter August 30 at 2:00 pm - 5:00 pm Eastern Register Specifically, they hope to receive your feedback on these topics: Processes involving evaluating, noticing, and conducting a Tribal consultation. Processes involving Tribal official requests to initiate consultation, consultation records; and training. Processes involving listening sessions and Tribal engagement. Preferences on whether […]