Within the last year, both the Biden Administration and Congress have proposed new and expanded tax credits and other incentives to stimulate hydrogen investment. Hydrogen production and storage appear to be top of mind, and new tax incentives should be well suited to spur these investments and make the United States a power player in the hydrogen sphere.
Kai R. KramerBrowsing
Kai R. Kramer is a member of the Tax Practice Group in the Firm’s Houston office. Prior to joining Baker & McKenzie LLP, Mr. Kramer was a tax associate at another international law firm in Washington, DC where he handled tax matters related to a broad mixture of domestic and cross-border transactions across the energy, financial institution (including banks and insurance companies), pharmaceutical, and high-tech industries.