IRA
(ix) IRA. The term IRA means Public Law 117-169, commonly known as the Inflation Reduction Act of 2022. (x) IRS. The term IRS means the Internal Revenue Service. (xi) Produced by the taxpayer. The term produced by the taxpayer is defined in paragraph (c) of this section. (xii) Related person. The term related person is defined in 1.45X-2(b)(2). (xiii) Related Person Election. The term Related Person Election is defined in 1.45X-2(d)(1). (xiv) Secretary. The term Secretary means the Secretary of the Treasury or her delegate. (xv) Section 45X regulations. The term section 45X regulations means the provisions of this section, 1.45X-2 through 1.45X-4, and the regulations in this chapter under sections 6417 and 6418 of the Code that relate to the section 45X credit. (xvi) Unrelated person. The term unrelated person is defined in section 45X(a)(3) and described in 1.45X-2(b)(3).