2025 first_quarter Filing

Discussions regarding extension of the Investment Tax Credit for combined heat and power system property (Sec 48 ITC) and implementation of tax credits related to combined heat and power systems and waste heat recovery, including qualifying combined heat and power systems under the section 45Y and 48E tax credits. (Section 13001; P.L. 117-169) General discussions around energy tax credits (no bill number). Issues related to interest deductibility (No bill number). General discussions related to corporate and international tax issues and OECD negotiations on the taxation of global income including IRC 11, 951A, 250 on the taxation of domestic and global income. (No bill number) Issues related to bonus depreciation (no bill number) Issues related to IRC 174 and full expensing of R&E expenditures (HR 1990 - American Innovation and R&D Competitiveness Act of 2025 (entire bill)) Issues related to the deductibility of state and local taxes and IRC 164(a) (no bill number)

General discussions and briefings on ocean shipping, port operations, and logistical environment (no bill number).