Environmental Law, Commercial Law & Contracts, Tax Law

Reed Smith Marcellus Shale Tax Update - Recycle, Reuse, Reduce Your Tax Burdens

by Stephen Blazick, Daniel Dixon, Lee Zoeller | Reed Smith on 5/17/2013

Pennsylvania’s broad mining exemption from sales and use tax also includes an exemption for pollution-control devices that is less well known than the general exemption for mining equipment. The pollution-control exemption...more

MoFo New York Tax Insights - Volume 4, Issue 5 - May 2013

by Open Weaver Banks, Hollis L. Hyans, Kara M. Kraman, Irwin M. Slomka | Morrison & Foerster - State + Local Tax... on 5/14/2013

In This Issue: New York Enacts Significant Changes to Related Member Royalty Add-Back Law; Nuclear Power Plant That Produces Steam and Water to Generate Electricity Not Eligible for Investment Tax Credit; Appellate...more

EU Rejects Suspension of Auctions of EU Allowances; California Air Resources Board Formally Approves Linkage with Quebec

by Eric E. Freedman, Mariah Kennedy, Fiona Melville | K&L Gates LLP on 4/25/2013

On April 16, 2013 the members of the European Parliament voted 334-315 against the proposal of the European Union (EU) Commission to suspend future auctions of EU emission trading scheme (EU ETS) allowances until 2019 in...more

IRS Issues Notice to Determine When Construction Begins for Purposes of Production Tax Credit, Investment Tax Credit

by Gale Chan, Madeline Chiampou, Brian Levy, Martha Groves Pugh, Philip Tingle | McDermott Will & Emery on 4/23/2013

The Internal Revenue Service (IRS) has issued important guidance to determine when construction begins with respect to a qualified facility for purposes of the production tax credit and the investment tax credit for certain...more

Earth Matters - April 2013: Making Solar Power More Affordable for New Yorkers

by Donald Ross | Phillips Lytle LLP on 4/22/2013

New York State continues to be a national leader in renewable energy initiatives, particularly in encouraging practical, everyday applications of solar power. Recently, Governor Andrew Cuomo, as part of his ongoing “NY-Sun”...more

Energy Alert: IRS Identifies Two "Begun Construction" Standards To Qualify For Two Tax Credit Opportunities

by Allison Woodbury Leppert | Leonard, Street and Deinard on 4/18/2013

The renewable electricity production tax credit and the energy investment tax credit currently offer taxpayers a tax credit for energy produced from qualified facilities. For the PTC, the tax credit covers a ten-year period....more

"IRS Guidance on the Commencement of Construction Requirements for Tax Credits for Qualified Energy Facilities"

by Armando Gomez, Paul Schockett, Sean Shimamoto | Skadden, Arps, Slate, Meagher & Flom LLP on 4/17/2013

On April 15, 2013, the Internal Revenue Service released Notice 2013-29 (Notice), which established guidelines and a safe harbor to determine when construction has begun on a “qualified facility” for purposes of the renewable...more

Battery Currents: Advanced Energy Storage - April 4, 2013

by Kimberly A. Clarke, Nyal Deems, Bruce Goodman, Harvey Koning, Timothy J. Lundgren, Melissa Papke, Elizabeth Wells Skaggs | Varnum LLP on 4/9/2013

In This Issue: - Chinese Auto Parts Maker Buys A123 Systems - Return of ARRA Funds - Tax Incentives Extended for Battery Maker - Ford Increases Electric Vehicle Dealers and Pushes Sales - Michigan Lithium-Ion...more

Legal Alert: Sequestration to Cause CREB Payments to Be Reduced by 8.7%

by Matthew Nichols, Darryl Smith | Sutherland Asbill & Brennan LLP on 3/6/2013

The Office of Management and Budget has issued its Report to the Congress on the budget sequestration for federal fiscal year 2013 required by the Balanced Budget and Emergency Deficit Control Act of 1985, as amended by the...more

Change is in the Air: Ontario Closer to a Cap-and-Trade System

by Jack Coop, Jennifer Fairfax, Daniel Kirby, Patrick Welsh | Osler, Hoskin & Harcourt LLP on 2/21/2013

On January 21, 2013, Ontario’s Ministry of the Environment (MOE) posted the Greenhouse Gas Emissions Reductions in Ontario: A Discussion Paper (the Discussion Paper) on the Environmental Registry, in conjunction with a...more

California Voters Approve Tax Methodology Change to Benefit Energy Projects

by Jon Costantino, Fred L. Main | Manatt, Phelps & Phillips, LLP on 11/15/2012

On Tuesday, November 6, 2012, California voters approved Proposition 39-THE CALIFORNIA CLEAN ENERGY JOBS ACT. Proposition 39 changes the way taxes are assessed for companies with multistate operations. This change is...more

New York State Extends and Expands Solar Energy System Tax Incentives

by Phillips Lytle - Renewable Energy on 10/2/2012

Governor Andrew Cuomo, as part of his ongoing “NY-Sun” program intended to accelerate customer-sited solar electricity capacity in New York State, recently signed into law three bills which further this initiative....more

Tri-State Tax Update 9.21.12 Maine. Massachusetts. New Hampshire.

by Pierce Atwood LLP on 9/24/2012

From our offices in Boston, Portland, and Portsmouth, Pierce Atwood’s State and Local Tax (“SALT”) Group provides litigation, planning, transaction, regulatory, and legislative services to business, associations, and...more

Transferring quarry and mining rights in the Democratic Republic of Congo [DRC]

by JOSEPH YAV KATSHUNG on 7/12/2012

The mining code of the Democratic Republic of Congo [DRC] provides for a possibility of leasing and assigning mining and quarry rights. Since mining and quarry rights, as expressed in mining and quarry permits, are real and...more

Environmental Audit, one of the conditions for Mining Operations in the Democratic Republic of Congo

by JOSEPH YAV KATSHUNG on 7/10/2012

Mining is a key sector and continues to grow in several part of the world including in the Democratic Republic of Congo [DRC]. Legislation for mining may require an environmental impact assessment to be carried out before a...more

MoFo New York Tax Insights - Volume 3, Issue 7 - July 2012

by Morrison & Foerster LLP on 7/2/2012

In This Issue: Gain on Sale of New York Property Allocated Entirely to New York; Failure to Establish Value of Assets in a Bulk Sale Leads to Liability for Entire Sales Tax Deficiency; Entitlement to QEZE Credits...more

IRS: Value of Facility-Specific Power Purchase Agreement Capitalized into Basis of Wind Facility

by Mintz Levin on 4/13/2012

On April 6, 2012 the Internal Revenue Service (IRS) issued Private Letter Ruling 201214007, which concluded that where a taxpayer purchased wind energy facilities accompanied by facility-specific Power Purchase Agreements...more

Eyeing Tax Rewards, Big Cos. And PE Firms Back Solar

by Snell & Wilmer L.L.P. on 2/14/2012

Originally published in Law360, January 23, 2012. Law360, New York (January 23, 2012, 5:51 PM ET) -- The end of a federal grant system that doled out billions of dollars to solar energy companies may have been...more

Ukraine: Recent Changes to Production Sharing Agreements Law

by Vitaliy Radchenko on 12/15/2011

Over the past few months the Ukrainian Parliament has made two important changes to the legislative framework governing production sharing agreements for exploration and extraction of minerals. These amendments have been...more

From Williamson Act Contracts to Solar Use Easements: New Law Offers Incentives to Meet California's Renewable Energy Goals

by Miller Starr Regalia on 12/7/2011

In April 2011, Governor Brown signed a bill requiring one-third of California's energy to be produced from renewable sources by December 31, 2020. This energy mandate has created a land rush, and developers and utilities are...more

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Environmental Law › Commercial Law & Contracts › Tax Law