New guidance: Tribal general welfare exclusion The U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) have issued a Notice of Proposed Rulemaking (NPRM) PDF to implement section 139E of the Internal Revenue Code, created by the Tribal General Welfare Exclusion Act of 2014 (Act). Additionally, Treasury held Tribal consultations on the proposed rule on Nov. 18, 19, and 20, 2024, at 1 p.m. Eastern time. Treasury accepted written comments received by Jan. 3, 2025, 11:59 p.m. Alaska Time. Written comments were submitted to tribal.consult@treasury.gov. Treasury and IRS issue proposed regulations providing clarity regarding the federal tax classification of entities entirely owned by Tribal governments The Department of the Treasury and the Internal Revenue Service issued proposed regulations addressing the federal tax classification of corporations or LLCs that are owned entirely by Indian Tribal governments (Tribes) and formed under the laws of the Tribes that own them. Under the proposed regulations, Tribal law entities that are entirely owned by Tribes would not be recognized as separate entities for federal tax purposes and would not be subject to federal income tax. The proposed regulations would also clarify that Tribal law entities entirely owned by Tribes may receive the value of certain energy credits under the Inflation Reduction Act. Until the final regulations are published in the Federal Register, Tribes and related entities may generally rely on these proposed regulations. Treasury and IRS encourage interested parties to submit comments on this guidance through Regulations.gov. Please indicate IRS and REG-113628-21 in the submission. Treasury accepted written comments received by Jan. 21, 2025, 11:59 p.m. Alaska Time. Additionally, Treasury held Tribal consultations on the proposed rule on Dec. 16, 17, and 18, 2024, at 1 p.m. Eastern time. Find tax information for Native American tribal governments and members, including tax law, filing and reporting requirements, employment tax and more. Find how we can help you in the IRS Office of Indian Tribal Governments. Recent developments – Clean energy credits IRS offers office hours for help with the pre-filing registration process for elective payment and transfer of clean energy and CHIPS credits The IRS is offering office hours (through Microsoft Teams) to help entities with the pre-filing registration process on the IRA/CHIPS Pre-filing Registration Tool. Pre-filing registration is a required step for applicable entities and eligible taxpayers to take advantage of elective payment or transfer of credits available in the Inflation Reduction Act and CHIPS Act. Representatives from the IRS will be available to answer your pre-filing registration questions. Registration for office hours is open. Registration is required and can be completed by clicking on the links below. Date Time Register Jan. 15, 2025 1-2:30 p.m. Eastern time Register Jan. 29, 2025 1-2:30 p.m. Eastern time Register Feb. 12, 2025 1-2:30 p.m. Eastern time Register Feb. 26, 2025 1-2:30 p.m. Eastern time Register March 12, 2025 1-2:30 p.m. Eastern time Register March 26, 2025 1-2:30 p.m. Eastern time Register April 9, 2025 1-2:30 p.m. Eastern time Register April 23, 2025 1-2:30 p.m. Eastern time Register May 7, 2025 1-2:30 p.m. Eastern time Register May 21, 2025 1-2:30 p.m. Eastern time Register June 4, 2025 1-2:30 p.m. Eastern time Register June 18, 2025 1-2:30 p.m. Eastern time Register July 2, 2025 1-2:30 p.m. Eastern time Register July 16, 2025 1-2:30 p.m. Eastern time Register Clean energy tax credit benefits available Government and tax-exempt entities can now benefit from clean energy tax credits with new options enabled by the Inflation Reduction Act of 2022. Find out about elective pay and transferability of clean energy tax credits. Publication 5884, Inflation Reduction Act (IRA) and CHIPS Act of 2022 (CHIPS) Pre-Filing Registration Tool - User Guide and Instructions PDF The IRA and CHIPS Act Pre-filing Registration Tool overview video For more information on available credits for elective pay, refer to IRS Publication 5817-G, Clean Energy Tax Incentives: Elective Pay Eligible Tax Credits PDF. Publication 5817-F, Elective Pay for Indian Tribal Governments PDF Form 990-T for Elective Payment Election Only Presentation - new instructional video This video explains how applicable entities, including certain Indian tribal governments, that only need to file Form 990-T to make an elective payment election, complete Form 990-T and related returns. Tax law and guidance Current tax law information. Internal Revenue Code Sections 7871, 7873 Private letter rulings Tribal general welfare guidance Frequently asked questions and answers Tribal governments Taxable income and filing and reporting requirements. Tax status of tribes Tribal tax examinations Information returns PDF Tribal members Help for filing tax returns. Income Tax Guide for Native American Individuals & Sole Proprietors, Publication 5424 PDF Volunteer Income Tax Assistance (VITA) Gaming and casinos Casinos, gaming and withholdings. Gaming revenue distributions BSA Reporting Requirements for Casinos, Title 31 Gaming Tax Law & Bank Secrecy Act Issues for Indian Tribal Governments, Publication 3908 PDF ITG Sports Wagering Tax Requirements Presentation video Employment tax Reporting, deposits, due dates and online tools. Electronic filing and e-services available Employment taxes for tribes Helpful Hints for Indian Tribes and Tribal Entities to Avoid Penalties on Federal Tax Deposits & Information Returns, Publication 5343 PDF Employment Tax for Indian Tribal Governments, Publication 4268 PDF How to avoid ITG employment tax penalties (YouTube) Coronavirus and Economic Impact Payments: Resources and guidance COVID-19 Business Tax Relief Tool Voluntary Classification Settlement Program (VCSP) Apply for an Employer Identification Number Online video Get help Indian tribal tax assistance and services. Taxpayer Advocate Service Contact us Report abusive schemes Tribal consultation ITG Resources (YouTube) Stay current News, events and opportunities. Tax-Exempt and Government Entities - Program & Accomplishments Letters Upcoming and past events Indian Tribal Government News Sign up for newsletter Yellen v. Consolidated Tribes of the Chehalis Reservation, et al. PDF Our mission: To provide Indian tribal governments top quality service and respect while helping them understand and comply with applicable tax laws. About us The ITG office provides customers quality service by helping them understand and comply with applicable tax laws and protecting the public interest by applying the tax law. Our goal is to meet the needs of both the Indian tribal governments and the federal government, and to simplify the tax administration process. Tribal government specialists work in locations near the seats of tribal governments. Our specialists can address issues that relate to tribal governments as employers, distributions to tribal members, and the establishment of governmental programs, trusts and businesses. Visit the Individuals page for information that may assist individual tribal members. Contact the IRS Office of Indian Tribal Governments if you need further clarification.
