Environmental Law, Construction Law, Tax Law

IRS Construction Deadline Guidance Highlights Disparate Treatment of Renewable Energy Technologies

by Charles Henck, Darin Lowder | Ballard Spahr LLP on 5/1/2013

The IRS recently released guidance in the form of an IRS Notice implementing a rule change under the American Taxpayer Relief Act of 2012 concerning the construction deadline that renewable energy facilities must meet to...more

IRS Releases Guidance on Beginning Construction for Production Tax Credit and Investment Tax Credit

by Alan J. Tarr | Loeb & Loeb LLP on 4/30/2013

A qualified facility is eligible to receive a renewable electricity production tax credit (PTC) or energy investment tax credit in lieu of the PTC if construction of the facility begins before January 1, 2014. Qualified...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

IRS Releases “Start Construction” Guidance for Renewable Energy Facilities

by Douglas Davidson, Paul Gordon, Kenneth Kulak, Gabriel Quihuis, Richard Shortz, Wayne Song | Morgan Lewis on 4/19/2013

Long-awaited guidance regarding eligibility for production or investment tax credits largely tracks guidance under the Section 1603 cash grant program....more

IRS Guidance on “Beginning of Construction” for ATRA 2012 Tax Credit Extensions

by Pamela Charles | Davis Wright Tremaine LLP on 4/19/2013

The IRS has issued guidance (Notice 2013-29) on satisfying the new “beginning of construction” requirement for the renewable energy production tax credit under Code Section 45 (PTC) and energy investment tax credit under Code...more

IRS Issues Notice on "Beginning of Construction" Requirement for PTC and ITC Purposes

by Wilson Sonsini Goodrich & Rosati on 4/19/2013

On April 15, 2013, the IRS released Notice 2013-29, which addresses the requirement that construction of a qualified facility must begin before January 1, 2014, in order to be eligible for the renewable electricity production...more

IRS Releases New Guidance on Beginning of Construction

by Ellen Bastier, J. Ferd Convery , III, Arnold Grant | Reed Smith on 4/18/2013

Prior to the enactment of the American Taxpayer Relief Act of 2012 (the "Act"), the production tax credit (the "PTC") had been scheduled to expire for wind projects that were not placed in service before January 1, 2013, and...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

Have You "Begun Construction"? IRS Issues Guidance for Renewable Energy Tax Credits

by David Cho, Dorothy Black Franzoni, Jonathan Goldman, Amish Shah, Ram Sunkara, William Warren | Sutherland Asbill & Brennan LLP on 4/17/2013

On April 15, 2013, the Internal Revenue Service ( IRS) issued much - anticipated guidance that will help developers of wind, solar, biomass and certain other renewable energy facilities qualify for federal renewable energy...more

Developers Rejoice! IRS Issues “Begun Construction” Guidance

by John A. Eliason | Foley & Lardner LLP on 4/17/2013

On April 15, 2013, the IRS released Notice 2013-29 addressing the eligibility for certain alternative energy projects to qualify for the renewable electricity production tax credit (PTC) under section 45 of the Tax Code. This...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

Bipartisan Group of Senators Wants Clarification of "Commencement of Construction" Under the Wind PTC

by Kimberly Barnashuk | Phillips Lytle - Renewable Energy on 3/15/2013

Last week, a group of U.S. Senators submitted a letter requesting swift clarification by the Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) of language regarding the wind production tax...more

Production Tax Credit Update: IRS Plans to Release Guidance on Applying the “Begun Construction” Test

by Pamela Charles | Davis Wright Tremaine LLP on 2/5/2013

According to Tax Notes Today, the IRS discussed its plans to release guidance on applying the “begun construction” test for the production tax credit (“PTC”) at the American Bar Association Section of Taxation meeting in...more

PTC Update: IRS Plans to Release Guidance on Applying the “Begun Construction” Test

by Vidhya Prabhakaran | Davis Wright Tremaine LLP on 1/30/2013

According to Tax Notes Today, the IRS discussed its plans to release guidance on applying the “begun construction” test for the production tax credit (“PTC”) at the American Bar Association Section of Taxation meeting in...more

Fiscal Cliff Bill Extends Home Energy Efficiency Tax Credits for Businesses and Homeowners

by Shari Shapiro | Cozen O'Connor on 1/7/2013

On January 1, 2013, the U.S. Congress passed last minute legislation known as the American Taxpayer Relief Act of 2012 to avoid automatic increases in income taxes for millions of Americans, as well as draconian cuts to the...more

Wind Energy Gets a Second Breath of Life (News Note)

by Melissa Dewey Brumback on 1/4/2013

Have you been following the “fiscal cliff” debacle? Unless you spent the holiday season in a cave, the answer is probably YES. One interesting detail tucked away in the recently passed compromise legislation is the renewal...more

Key Energy Tax Provisions Included in ‘Fiscal Cliff’ Legislation

by Gale Chan, Madeline Chiampou, Brian Levy, Martha Groves Pugh, Philip Tingle | McDermott Will & Emery on 1/4/2013

On January 1, 2013, Congress passed the American Taxpayer Relief Act of 2012 to address the tax rate hikes and expiring tax incentives to avert the “fiscal cliff.” President Obama signed the legislation into law on January...more

UK Land Remediation Relief - Spared the Axe

by K&L Gates LLP on 2/7/2012

Following consultation, the UK Government has decided not to abolish land remediation relief (LRR) after all. This comes after a strong reaction from developers, who argued that it would render many brownfield...more

HealthyBuilt Homes Program - is it for you? (Tue Tip)

by Melissa Dewey Brumback on 1/4/2011

Are you a North Carolina builder or designer interested in energy-efficient homes? Want a “marketing edge” with your clients, to demonstrate why you are the professional they should use for the construction of their new...more

Treasury Grant Deadline To Begin Construction Extended One Year

by Wilson Sonsini Goodrich & Rosati on 12/17/2010

Earlier today, President Obama signed legislation (H.R. 4583) to extend for two years the Bush-era individual income tax rate reductions. H.R. 4583 also contains items of interest to the renewable energy sector, the most...more

Green Building Update - January 8, 2010

by Allen Matkins Leck Gamble Mallory & Natsis... on 1/11/2010

IN THIS ISSUE: *EPA proposes stricter ozone standards *Green Building Focus ..Green building tax incentives ..Report: green building -- $128 billion by 2013 ..Report: top ten green building trends *Report: $200...more

Green Building Update - December 8, 2009

by Allen Matkins Leck Gamble Mallory & Natsis... on 12/8/2009

IN THIS ISSUE: *Urgent – write Congress for green tax incentives, not the largest real estate tax increase in 23 years *Green Building Focus ..Top 10 green building products of 2009 ..Nine new green laws pass in...more

Green Building Update - March 16, 2009

by Allen Matkins Leck Gamble Mallory & Natsis... on 3/16/2009

IN THIS ISSUE: *LEED, BREEAM and Green Star to collaborate *Green Building Focus ..Webcor & Navitas host green building materials forum ..$53B in green building materials sold in 2008 *Experts reject NAIOP...more

Renewable Energy Law: Federal Stimulus Provides Major Funding for Renewable Energy and Energy Conservation

by Lane Powell PC - Business/Commercial Law on 2/17/2009

The economic stimulus package passed by Congress and signed today by President Obama contains good news for supporters of renewable energy and energy conservation. The American Recovery and Reinvestment Act of 2009 provides...more

Green Building Update - October 1 , 2008

by Allen Matkins Leck Gamble Mallory & Natsis... on 10/1/2008

In this issue: *U.S. House kills Senate Bill to extend solar tax credits *USGBC awards $2 million in research grants *DOE awards $15 million as part of Net-Zero *Venture Capital interested in Green...more

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