Notice 2024-11, page 360.

This notice updates Notice 2011-64, 2011-37 I.R.B. 231, which contains the list of treaties that meet the requirements of section 1(h)(11)(C)(i)(II) of the Code. It adds the treaty with Chile, which entered into force on December 19. The list removes the treaties with Russia and Hungary because both have ceased to meet the requirements of section 1(h)(11) after the publication of Notice 2011-64. Notice 2011–64 is amplified and superseded.

REG-118492-23, page 366. These proposed regulations would provide guidance to qualified manufacturers of new clean vehicles to comply with rules regarding excluded entities, as established by the Inflation Reduction Act of 2022 (IRA). Section 30D(d)(7) excludes from the definition of “new clean vehicle (A) any vehicle placed in service after December 31, 2024, with respect to which any of the applicable critical minerals contained in the battery of such vehicle were extracted, processed, or recycled by a foreign entity of concern (as defined in section 40207(a)(5) of the Infrastructure Investment and Jobs Act (42 U.S.C. 18741(a) (5))), or (B) any vehicle placed in service after December 31, 2023, with respect to which any of the components contained in the battery of such vehicle were manufactured or assembled by a foreign entity of concern (as so defined). These proposed regulations would provide guidance for qualified manufacturers for how to comply with these rules.