(e) 3rd party verification -(1) Overall. Regarding good taxpayer that makes an election not as much as point forty eight(a)(15)(C)(ii)(II) to relieve any certified possessions that’s part of a selected clean hydrogen development business because time property getting reason for the part forty eight credit, brand new taxpayer have to obtain a yearly verification declaration with the nonexempt season where the election less than area forty eight(a)(15)(C)(ii)(II) is good for the new studio and for for each nonexempt seasons after that from inside the recapture period specified for the section (f)(3) for the point. The new taxpayer also needs to submit the fresh new yearly verification report just like the a keen attachment on Mode 3468, Capital Credit, otherwise people replacement function(s), on the taxable 12 months where in actuality the election around part forty eight(a)(15)(C)(ii)(II) is made for brand new studio.
Regarding people possessions placed in services shortly after , for which structure first started ahead of , this new election less than point forty eight(a)(15)(C)(ii)(II) can be applied merely to the newest the quantity of one’s foundation of these assets that is attributable to structure, repair, otherwise erection taking place after
(2) Annual verification statement -(i) Generally speaking. To possess reason for paragraph (e)(1) of the part, brand new yearly confirmation declaration need to be closed less than punishment out of perjury of the an experienced verifier (since discussed when you look at the step one.45V5(h)) and you will contain a keen attestation taking all pursuing the-
(B) A statement attesting towards lifecycle GHG emissions rate (determined less than point 45V(c) and you will 1.45V4) of one’s hydrogen put in the given brush hydrogen development facility into taxable season to which the brand new annual verification report applies and this the latest procedure, through the including taxable 12 months, of the given clean hydrogen creation business, and you will people energy attribute licenses (EACs) applied pursuant in order to step 1.45V4(d) with regards to bookkeeping to own such as facility’s emissions, try truthfully reflected regarding analysis your taxpayer entered with the the newest Greet design (since the laid out during the 1.45V1(a)(8)(ii)) (or your taxpayer offered to the latest Service of time (DOE) meant for new taxpayer’s request for a pollutants worthy of), to choose the lifecycle GHG pollutants speed of one’s hydrogen undergoing verification; and
