A qualified manufacturer is defined under section 30D(d)(3) of the Internal Revenue Code and the corresponding regulations. Specifically, a qualified manufacturer is a manufacturer that meets the requirements described in section 30D(d)(3). The term does not include any manufacturer whose qualified manufacturer status has been terminated by the IRS. The IRS may terminate a manufacturer's qualified status for reasons such as fraud, intentional disregard, or gross negligence with respect to any requirements of section 30D, the section 30D regulations, or any guidance under section 30D. This includes compliance with the periodic written reports described in section 30D(d)(3) and §1.30D-2(m), as well as any attestations, documentation, or certifications described in §1.30D-3(e) and §1.30D-6(d), at the time and in the manner provided in the Internal Revenue Bulletin.
Sources:
Rev. Rul. 2011-24
T.D. 9553
IRS Proposed Regulations REG-118492-23
TAM 201314043
FAA 20150801F
CCA 201545018
TAM 201445010
