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Rev. Proc. 2021-24

SECTION 4. CLARIFICATION

Internal Revenue Bulletin 2021-29 · 2026-10-03 edition · updated 2026-10-04 · United States

OF METHODS TO SATISFY THE CONTINUITY REQUIREMENT

This notice further provides that for any qualified facility or energy property to which the Continuity Safe Harbor does not apply, the Continuity Requirement is satisfied if the taxpayer demonstrates satisfaction of either the Continuous Construction Test or the Continuous Efforts Test, regardless of whether the Physical Work Test or the Five Percent Safe Harbor was used to establish the beginning of construction.

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▸Contents — Internal Revenue Bulletin 2021-29

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