The Internal Revenue Service has issued Notice 2026-15 providing preliminary rules on the “material assistance” restrictions. The material assistance restrictions limit the percentage of components from companies with Chinese ties that can be included in certain energy projects that qualify for tax credits. The notice generally does not address the “foreign influenced entity” or “foreign controlled entity” rules, which the market continues to hope will be clarified. More guidance is expected on a rolling basis. Here’s our article on Notice 2026.15.